PilarRonderos.com - Pilar Ronderos

Term	Definition

Damper	A movable plate in a fireplacethat allows smoke and fumes to travel up the chimney's flue.

Days on the market	The period of time a property is listed for sale until it is sold or taken off the market

Deadbolt lock	Locks that require a key to open from the outside and a turn button from the inside.

Debt	Any amount one person owes to another.

Deck	A roofless, floored area that adjoins a house.

Deed	The legal document that transfers ownership of a piece of property.

Deed of trust	A document that gives a lender the right to foreclose on a piece of property if the borrower defaults on the loan.

Deep-seal floor drain	A drain used to dispose of water from the basement floor to a sewer line.

Default	The failure to fulfill a duty or promise or discharge an obligation, such as making monthly mortgage payments.

Deferred maintenance	Any repair or maintenance of a piece of property that has been postponed, resulting in a decline in property value.

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