A process whereby an appraiser examines a property in preparation for
estimating its value. Also, the process of inspecting a property for any
damage prior to that property being bought or sold.
WARRANTY
An affidavit given to stipulate the condition of a property. The person giving
the warranty assumes liability if the condition turns out to be untrue.
WATT
An expression of amount of electrical power. Volt times amps equals watts.
WEAR AND TEAR
A term used to indicate the normal damage inflicted on a property through
every-day use.
WEATHER STRIPPING
Material used around windows and doors to prevent drafts.
WEEP HOLE
Drainage hole that allows water to escape.
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CENTURY 21 Lindsey & Pauley
1745 Hwy 53 West · Jasper, Georgia 30143
Office: 706-692-3533 · Fax: 706-692-2366
info@lindseyandpauley.com
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CENTURY 21 Real Estate Corporation. Equal housing opportunity.
Home Buyers' Guide
