Archives: Glossary

CUL DE SAC

A street or ally open at one end only. Modernly, a street in a subdivision, open at one end, and having a large, rounded, closed end to facilitate U turns.

CULTURA

A parcel of land which can be cultivated.

CULVERT

A waterway or drainage ditch which crosses under a road.

CUPOLA

(1) A structure, usually domelike, atop a roof. (2) A type of foundry furnace for melting iron.

CURABLE DEPRECIATION

Repairs which an owner of real estate should make to retain a high value, but which have not been made.

CURB CUTS

The part of a curb which lowers to street level to form the apron of a driveway.

CURB LINE

The line between the right of way for automobiles (road) and the right of way for pedestrians (sidewalk).

CURRENT ASSETS

An accounting term meaning cash or those things which can be readily converted to cash, such as short term accounts receivable.

CURTAIL SCHEDULE

The schedule of partial principal payments (both amounts and due dates) to reduce and retire an indebtedness.

CURTAIN WALL

An outside wall which lends no structural support to a building, but acts merely to enclose.

CURTESY

A common law interest of a husband in the property of his deceased wife. Abolished in most states.

CURTILAGE

The grounds and secondary buildings surrounding a house which are commonly used in connection with the everyday use of the house.

CURVILINEAR

Having boundaries of curved lines; may refer to architecture, streets, etc.

CUSTODIAN

(1) One who is entrusted with the care and keeping of real or personal property. See also: Custody. (2) A janitor.

CUSTODY

The care and keeping of property (real or personal). For example: An escrow agent has custody of documents and funds until closing.

CUSTOM BUILDER

One who builds for a specific owner, designing the building to suit said owner’s need, rather than building and then looking for a buyer.

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