See: Easement.

See: Annual Percentage Rate.

Any structure resembling the shape of the apron worn as clothing, such as a protruding lower inside part of a window, the portion of a driveway which connects it to the street, the entrance to a loading dock, and similar structures.

Individual rights to the use of the sea and rivers, for the purpose of fishing or navigation, and to the soil in the sea and rivers.

A large pipe, conduit, or trench to bring water or carry it away.

The buying and selling of money or securities in different markets at a profit. For example: The value of 1 pound sterling is selling in New York for $2.00 and in London for $1.98. If one buys in London for dollars and sells in New York, there is a profit of $.02 per pound sterling. The term has come to be used with regard to the interest rate spread between wrap-around and underlying financing.

A map drawn by a title company to be used in locating property in areas where legal descriptions are difficult and complex. Areas are arbitrarily subdivided usually by ownership at a given time, into lots which are numbered. Recorded documents are then posted to these arbitrary lots by the same “arb” number.

A clause in a lease calling for the decision of a third party (arbiter) regarding disputes over future rents based on negotiation. Also used in construction contracts, disputes between brokers, etc.

A seldom used term describing a series of colonnaded arches, covering a walkway with retail stores on one or both sides. A forerunner of the present shopping center.

A concave curved span which may be over a doorway or an entire room or building, such as an arched ceiling or roof.

A roof used primarily in industrial buildings, and having the shape of an arch or crescent. It is supported by a bow-string truss which spreads the roof load evenly.

Concrete poured into a form to produce a design, giving the affect of stone masonry.

The design and construction plans for a structure. Recently the design for landscaping has become known as landscape architecture.

The surrounding molding of a doorway or similar wall opening.

The surface (plane) space of land or a building. Also describes a neighborhood, or large land section (such as the Southern California area). The term may also indicate a use, such as a work area, living area, play area, etc.

Mainly residential zoning which regulates the ratio of improvements to land, setbacks, etc. Also called bulk zoning.

An old term referring to a cellar or room under the sidewalk.

See: Adjustable Mortgage Loans.

Legal slang meaning that there existed no special relationship between the parties involved in any manner which would taint the result.

A transaction without collusion or duress between the parties involved.