Cash portion paid by a buyer from his own funds, as opposed to that portion of the purchase price which is financed.

A pipe leading from the gutters of a roof to the ground and into a sewer or away from the building.

Slang for down payment.

(1) In a small city or town, the business area. (2) In a larger city, a business section reference to distinguish the area from midtown or uptown.

Fire retardant partitions (usually of sheet metal or dry wall) which attach to the interior of a roof, to divide a building in order to prevent the spread of fire within the building.

A clause in a mortgage or deed of trust which places the real estate as security for existing debts between the parties.

(1) The gradual flowing of liquid off a surface. (2) Any system to remove liquid waste or rainwater by having it flow to a designated area.

(1) A geographical area under the authority of a single unit of local government which controls the construction and operation of the drainage systems of the area. (2) The governmental body having control over the area drainage systems.

Any open water channel, natural or man made, used for drainage.

(1) Portions of a construction loan, given after certain stages of completion. (2) An advance against future income.

To finish or ornament, such as lumber, masonry, a facing of a building, etc.

A barrier to prevent cattle from “drifting” into an area as they graze. The fence does not form an enclosure.

(1) A small pipe, used to drain larger pipes of condensation. (2) A projection from a roof edge or sill to throw off rainwater. See also: Drip Cap.

A molding which projects from over the exterior of a door or window, forcing rainwater to drip away from the building.

(1) Commonly, a private roadway, paved or unpaved, leading from a public street to a garage or other shelter for an automobile. (2) An entrance to private land for any purpose, to be used by a motor vehicle.