Glossary

In ancient carpentry: 1. The ribs or brackets of an arched ceiling. 2. The purlins or rafters of a roof. […]

The value of a property as determined by a municipality for real estate tax purposes; often this valuation is less

A tax, charge, or levy on property: 1. as a means of computing real estate tax; 2. to pay for

Of a property, the ratio between its market value and its assessed value.

That part of a church in which the altar is placed.

1. A cylindrical block of stone forming one unit in a column. 2. A course of stonework.

In an architectural firm, a member of an architects staff who has a special employment agreement.

The purchaser of property may promise the vendor that he will assume the obligation to keep up the mortgage payments.