wainscoting
Wood
paneling, tongue-and-groove boards, or similar material installed between a
baseboard and a chair rail.waiver
A voluntary
relinquishing of certain rights or claims.
walk-out basement
A
feature that allows a door to open onto ground level.walk-through
A
buyer's final inspection of the home to determine if conditions in the purchase
agreement have been satisfied.
wallboard
Sheets of
compacted gypsum with a paper exterior. Also known as dry wall, sheetrock,
gypsum board, and plaster board.warehouse fee
A
closing-cost fee representing the lender's cost of holding a borrower's loan
temporarily before it is sold on the secondary mortgage market.
warranty
A legally
binding promise to do something in the future.water table
The level
at which the ground is saturated with water.
watt
The unit used to
measure the rate at which a device consumes electricity.weather stripping
Individual lengths of rubber or plastic used to plug air leaks
around doors and window frames.
weep holes
Spaces or
small openings left in a masonry wall to allow water to drain from behind the
wall. |
