RIPARIAN OWNER
One who owns land along the bank of a river or stream.
RIPARIAN RIGHTS
Rights of an owner to riparian lands and water.
RIPARIAN WATER
Water within the normal flow of a stream or river. An abnormal flow (flood) is not riparian water.
RIPRAP
A loosely composed wall of rocks and stones used to hinder the flow of water, thereby preventing erosion.
RISE
The vertical measurement of a slope in relation to its horizontal measurement, such as a rise of three feet vertically over a horizontal distance of fifty feet.
RISER
(1) The vertical board rising from the back of each step in a stairway. (2) A warm air duct rising from a furnace.
RISK
In lending, the chance of being repaid. High risk may result from poor credit, a high loan to value ratio, poor general economic conditions, etc. Generally, the greater the risk, the greater the required return (higher interest rate and points).
RIVER
A large, natural stream of water, which flows in a permanent channel or bed, and may empty into a lake or the sea.
RIVER BED
The land between the banks of a river during its normal course.
RLI
See: Realtors Land Institute.
RM
A designation conferred by the Appraisal Institute upon member appraisers who are qualified to appraise residential properties of one to four units. See also: MAI; SRA; SREA; SRPA.
RNMI
See: Realtors National Marketing Institute
ROAD
(1) A rural travelway for the use of pedestrians and/or vehicles. (2) Any travelway for the use of pedestrians and/or vehicles.
ROCK WOOL
A fibrous insulation material made from molten rock.
ROD
A unit of linear measure equal to 16 1/2 feet.
ROLL ROOFING
An asphalt paper or fiber material, which is used in rolls, being unrolled and fastened to the roof surface, under the shingles.
ROLL-OVER PAPER
Short term notes which may be extended (rolled over) or converted to installment payments, after the initial due date.
ROLLOVER LOAN
A loan which is periodically reviewed, adjusted (usually to reflect current interest rates) and extended. Short term loans can be rolled over into long term loans. The process is by initial agreement or by necessity.
ROMAN BATH
A bathroom constructed to resemble the public baths of ancient Rome. Usually there is a large sunken tub and the use of marble or marble-like tiles as the principal covering of the floors, vanities, etc.
ROMAN BRICK
Brick which shows a narrower face than standard building brick.
ROOF
A general term meaning the top of a building. (See specific types for more detail).
