One who is adjudicated a bankrupt by a court having proper jurisdiction. The bankruptcy may be voluntary (petitioned by the bankrupt) or involuntary (petitioned by the creditors of the bankrupt).

Proceedings under federal bankruptcy statutes to relieve a debtor (bankrupt) from insurmountable debt. The bankrupt’s property is distributed by the court to the creditors as full satisfaction of the debts. In accordance with certain priorities and exemptions. Voluntary bankruptcy is petitioned by the debtor; involuntary by the creditors.

A contract or deed which conveys a “use” in the buyer under the Statute of Uses. Although the deed may also convey legal title, there are no warranties by the seller that title is good unless specified. See also: Grant Deed; Quit Claim Deed; Warranty Deed.

Either of the two rafters supporting the part of a gable roof which extends beyond the supporting wall.

Tiling on a gable roof projecting beyond the supporting wall.

A board (often carved or ornamented) which hangs from the projecting edge of a sloping roof. Also called a vergeboard.

A farm building used to store hay, grain, farm equipment, and to house livestock.

A unit of solid or liquid measure, varying with each trade. For example: A barrel of water if 31 1/2 gallons, oil 42 gallons.

The lowest part of a construction member. That which bears the load. See also: Base Title.

See: Base Line; Meridian.

(1) A survey line used in the government survey to establish township lines. The base line runs East and West through a principal meridian (line running North and South). (2) A horizontal elevation line used as the centerline in a survey for a highway route.

A map having background information, such as state, county, or city boundaries, upon which more detailed data is plotted.

Molding installed along the top of the baseboard.

Private property owned by a cattle owner, required before a permit will be issued to allow the cattle to graze on public land.

A specific amount used as a minimum rent in a lease which uses a percentage or overage for additional rent.

Molding installed along the bottom of a baseboard (junction with floor). Also called carpet molding or carpet strip.

The result of an examination of title for the internal use of a title insurance company. Usually covers a large area and is done in anticipation of future sales or subdividing of the area.

The year upon which a direct expense escalation of rent is based. See also: Escalation Clause (3).

Generally, any board or molding covering an interior wall where it meets the floor.

A system of perimeter heating in which the baseboard is replaced by the heating units. May also be panels rather than baseboard units.

Generally, the story of a building below ground level.