
SP
Wire
This
type of lamp cord consists of small diameter stranded wires, which are
covered with rubber insulation.
Space
Heater
Individual
heating unit used to heat a small area, usually electrically heated.
Space
Standards
Minimum
dimensions required for various activities in a building, which are established
by law for safety and comfort.
Spacer
1.
Cross shaped, small plastic pieces, which are used to space tiles during
the installation of ceramic tile, so that they are evenly placed.
2.
Small concrete blocks that support and maintain rebar at a specified height
off of the bottom of a concrete pour.
Spackling
Compound
Compound,
which can be smoothed and painted, which is used to fill in small crack
and holes and to cover other defects.
Spade
Bit
Wood
boring bit which is used with a power drill to shave wood in a circular
section equal in diameter to the width of the head of the bit. The flat
head, whose edges are ground to a beveled edge, has a point used to center
the bit in the wood. The turning shank forces the point into the wood.
Spading
Tool
Tool
that uses a long, flat bade with a handle, used to compact newly placed
concrete in the forms.
Spall
1.
Flaking off of a concrete surface.
2.
Fragment broken from a masonry structure.
Span
Spread
between girders or heavy walls, from eave to eave or between structural
supports.
Span,
Allowable
Maximum
distance allowed that a structural member may span between supports.
Spandrel
The
area between an arch and a ceiling or between and above two connected arches.
Spandrel
Wall
Wall
section spanning the area from the top of a window to the sill of the window
directly above it, on the next floor of the building.
Spanish
Mission Style
Style
familiar to the Southwest and patterned after Spanish missions.
Spanish
Swirl
Heavy
texture style, also called a sponge twist, which uses plaster, stucco or
drywall to produce circular swirls.
Spanish
Villa
Home
of one to three stories with stucco outside and a roof of red tiles.
Spanner
Wrench
with projecting teeth that fit into a groove on a particular nut.
Spark
Arrestor
Screen
or metal cover installed at the outlet of a chimney or exhaust system to
allow smoke to pass through but to protect from sparks.
Spark
Lighter
Lighter
which moves a flint across a piece of rough steel, to produce sparks to
light a gas torch.
Spar
Varnish
Exterior
lacquer or liquid plastic-based varnish.
Spatula
Flat,
flexible bladed tool which is used as a putty knife or taping knife.
Specs
The
products and the plans for construction of a building.
Spec
House
Dwelling
constructed prior to being sold. The builder "speculates" that a buyer
will be found, thus the term "spec" house.
Special
Agent
Person
who is retained to act for another, with limited authority.
Special
Assessment
Charged
levied against property owners to finance an improvement made by the local
government benefiting the homeowners and commercial businesses.
Special
Deposit Account
If
a loan is a rehabilitation mortgage, funds for restoration and remodeling
are placed in this type of account and disbursed to the appropriate contractors
once their work is completed.
Special
Purpose Property
Building
with limited uses and marketability, such as a church, theater, school
or public utility.
Special
Use Permit
Right
granted by a local zoning authority to conduct certain activities within
a zoning district. Such activities are considered conditional uses, which
are permitted with the zone only upon special approval of the zoning authority.
Also called a conditional use permit.
Special
Warranty Deed
Property
deed in which the grantor limits the title warranty to the grantee. A grantor
does not warrant a title defect to the property occurring from a happening
before the time of his ownership.
Specialist
in Real Estate Securities (SRS)
Individual
who by his expertise, education and experience prepares syndication reports.
Specific
Gravity
The
ratio of a weight or mass of a given volume of a substance to that of an
equal volume of another substance, water for liquids and solids, air or
hydrogen for gases.
Specific
Heat
Calories
needed to raise one gram of a substance by one degree centigrade. The number
of Btu needed to raise one pound of a substance by one degree Fahrenheit.
Specific
Lien
Lien
on a given property, such as a person's house as collateral for a loan.
Specific
Performance
A
legal action in which the court requires a party to a contract to perform
the terms of the contract when he has refused to fulfill his obligations.
Specifications
Often
called "specs", these are the written requirements for construction, such
as for materials, equipment, etc.
Specular
Gloss
Smooth,
high-gloss finish.
Speculation
High
risk, often high return, business transaction undertaken with no guarantee
of success.
Speculation
Home
A
"Spec" house is one that is built without a buyer. Dwelling is constructed
prior to being sold. The builder "speculates" that a buyer will be found.
Speculative
Value
Value
that a speculator believes an investment will reach at some point in the
future.
Speculator
One
who invests with the anticipation that an event or series of evens will
occur to increase the value of the investment.
Speed
Square
Three-sided,
triangular shaped measuring tool, which is used to draw perpendicular lines
on boards to be cut or to lay out angles.
Spendable
Income
Cash
flow (from income producing property) which is reduced by income taxes
resulting from the property's income.
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