Real Estate Glossary
Our glossary is the largest dictionary of real estate and construction terms on the Internet with almost 10,000 definitions.
- Guarantee
- A financially binding guaranty assuring that an obligation or contractual agreement will be fulfilled by the guarantor.
- Guarantee Mortgage
- Loan that is guaranteed by a third party, for example a government institution.
- Guaranteed Payment Loan
- Assurance that a loan's financial obligation will be secured by a third party.
- Guaranteed Sales Program
- Real estate brokerage program that purchases the seller's equity if a property does not sell during a certain period of time.
- Guaranty
- Promise to uphold a guarantor's contractual and financial obligation in the event of default.
- Guard
- Any device that protects against injury or loss.
- Guardian
- One who is appointed to administer the personal affairs and property of an individual who is incompetent.
- Guardian's Deed
- Deed used to convey property of a minor or legally incompetent person.
- Gudgeon
- A gate hinge section, often called a hinge pintle socket, which is a horizontal rod that has a hole for a vertical pin (pintle) to pass through and pivot. The one end of the rod is secured to a wall or gate post with the pin being part of a L-shaped unit, one leg of which is connected to a gate or door. The hinging mechanism for the gate is made up of the gudgeon and pintle together.
- Guide Coat
- A coat of the finish cover, such as paint, which is applied prior to the final coat.
- Guideline Lives
- Expected period of benefit used to depreciate business property, plant and equipment as developed by the industry involved or the IRS.
- Guinea
- Blue topped, wooden stake, which is used to mark for grading. Also called blue top.
- Guinea Hopper
- Person who signals to the grading machine operator whether there is a need to cut or fill, as indicated when the guinea stake is located.
- Gullet
- The space between the teeth in a saw blade.
- Gum
- Sticky, viscous, carbohydrate found in liquid form in plants and certain trees, which dries into an uncrystallized, brittle mass that dissolves or swells in water.
- Gum Arabic
- Water-soluble gum, which is obtained from several African acacias, which is used as an adhesive or binder in certain paints.
- Gum Spot or Streak
- Spot on a board where the gum has concentrated.
- Gunite
- Trademark name for shotcrete, which is sprayed-on concrete often used in swimming pools or to prevent soil erosion by reinforcing a bank of earth.
- Gunny
- Used to prevent moisture loss from concrete during curing, this coarse jute cloth is wetted than placed as a cover.
- Gusset
- Wood or metal plate which attaches together two structural members to transfer the load between them.
- Gutters
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- Horizontal channels which are installed at the edge of a roof to carry rainwater away from the house.
- Indentation at the curb of a street, which gathers water.
- Guy
- Cable, rope, chain, etc. attached to something to steady or guide it, by providing lateral stability.
- Gyp Board
- Gypsum Wallboard.
- Gypsum
- A hydrated sulfite of calcium, used to make plaster of Paris, to treat soil, or as the core for drywall.
- Gypsum Block
- Building blocks of fire-resistant gypsum, which can be used in non-weight bearing situations.
- Gypsum Board
- Wallboard consisting of layers of gypsum and paper, used in walls and partitions as a substitute for plaster.
- Gypsum Concrete
- Combined mixture of gypsum, water and other aggregates.
- Gypsum Coreboard
- Gypsum panels with V-shaped tongue-and-groove edges, which are one-inch thick and used in solid gypsum partitions.
- Gypsum Formboard
- Gypsum panels that are intended for use as forms for roof decks of gypsum concrete.
- Gypsum Lath
- Designed as a backing for plaster, this gypsum wallboard usually has holes or perforations through which plaster can seep to form keys but can have either a solid or perforated face.
- Gypsum Partition Blocks
- Two to six inch thick blocks used as the core for solid gypsum partitions.
- Gypsum Planks
- Roofing members of two-inch thick, tongue and groove edged, steel reinforced gypsum, with galvanized wire matting in the planks.
- Gypsum Plaster
- Normally known as plaster of paris, this gypsum powder is used as a base coat plaster.
- Gypsum Sheathing
- Water repellent gypsum wallboard used as a base for finish exterior siding.
- Gypsum Wallboard
- Wallboard consisting of layers of gypsum and paper, used in walls and partitions as a substitute for plaster.
- Gyroscope
- A wheel mounted in a ring so that its axis is free to turn in any direction; when spun rapidly, it will keep its original plane of rotation no matter which way the ring is turned, maintaining equilibrium.
Amy Taylor
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Owner, Realtor
Buy or Sell Today, LLC w/KW
4310 Prince William Parkway Ste. 200
amytaylor@buyorselltoday.comBuy or Sell Today, LLC w/KW
4310 Prince William Parkway Ste. 200