
Tie
One
of a set of timbers used in the construction of a building or for esthetic
purposes, the land around a property for beautification.
Tie
Beam
Concrete
or timber beam that serves as a support in the wall structure of a building.
Concrete tie beams are often reinforced with steel rods.
Tie
Coat
A
treatment applied between two coatings to improve bonding.
Tie
In
To
join together.
Tie
Out
To
mark the locations of objects in a roadway under construction so they can
be located after paving.
Tie
Wire
Wire
used to secure rebar and forms when installing a foundation.
Tied
Columns
Concrete
columns with lateral reinforcing members to help support a load.
Tier
Series
of rows. Townships moving as a row from east to west, covering a 6-mile
area in width. The term is employed under the rectangular survey method.
Tight
Market
Market
in which the spreads between the asking and offer price of real estate
are small. The property may be in abundant supply and actively traded.
Tile
Flat
sheets or tablets of material used on floors, countertops, roofs, and walls.
There are many types of tile including clay, stone, asphalt, and metal.
Tile,
Asphalt
A
durable, inexpensive type of tile used primarily in high traffic commercial
locations.
Tile,
Ceramic
Extensively
used tile made form clay.
Tile
Cutter
A
tool for cutting tile. A blade scores the tile and then pressure is applied
to cause it to break along the scored line.
Tile,
Rubber
Durable
and resilient tile made form natural or synthetic rubber, typically used
to cover hard surfaces (such as concrete) in commercial areas.
Tile
Saw
A
water-cooled power saw with a metal and diamond blade, used to cut tile.
Tile,
Vinyl
A
durable tile made from vinyl and used in residential and commercial buildings.
Tilt-up
Door
see
overhead door.
Timber
1.
A stand of trees.
2.
A piece of lumber that measures at least 5" x 5".
Timber
Connectors
Metal
fasteners bolted to intersections of structural timbers.
Timber
Construction
A
building where timbers are used as structural members.
Time
and Materials Contract
A
contract providing for the contractor to be paid for time spent on the
job plus the cost of materials.
Time-clock
Switch
An
electrical switch with a timer that can be set to turn the circuit on or
off at pre-set times.
Time
is of the Essence
Legal
phrase in a contract that indicates a specific period of time in which
an act must be performed.
Time-lag
Fuse
A
fuse that can withstand a small overcurrent but will blow out with a large
overcurrent.
Time-line
A
chart depicting changes over time, for example a schedule for a construction
project.
Time
Weighted Average
Method
of measuring the maximum safe exposure of workers to hazardous materials
or conditions.
Time
with Materials Furnished Contract
A
contract providing for the contractor to be paid for time spent on the
job with all materials supplied by the owner.
Timer
Switch
A
switch with a built in time clock that turns the switch on and off.
Timeshare
Ownership
of a specific period of time or percentage of interest in a vacation home.
Time
Value of Money
A
concept that money available now is worth more than the same amount in
the future because of its potential earning capacity. It is the rationale
behind compounding for future value or discounting for present value.
Tin
Metallic
element with atomic number of 50. Tin is used in many alloys.
Tin
Snips
Shears
used to cut sheet metal.
Tint
1.
A pigment added to paint.
2.
To modify color.
3.
Transparent color.
Tipping
Off
Smoothing
paint with the tip of a brush.
Titanium
Metallic
element with the symbol Ti and atomic number 22. Titanium is a light, yet
strong, metal.
Titanium
Dioxide
White
pigment used in paint.
Title
The
legal right of an ownership interest in a property. Legal document which
shows ownership of a piece of real estate.
Title
Block
Markings
on a blueprint containing design and revision information.
Title
Company
Firm
that provides insurance of a clear title once it completes its search for
liens.
Title
Defect
An
unresolved claim against he ownership of property, which prevents presentation
of a marketable title. Such claims may arise from failure of the owner's
spouse or former partner to sign a deed, current liens against the property
or an interruption in the title records to a property.
Title
Examination
The
check of the public record, by the title company, to determine the legal
ownership and that there are no claims or liens affecting the property.
Title
Insurance
The
policy that is issued to protect against loss due to a dispute in property
ownership.
Title
Insurance Binder
Written
commitment, issued by the title company, agreeing to insure title to a
property, subject to conditions or exclusion shown.
Title
Report
A
document indicating the current state of the title, such as easements,
covenants, liens and any defects. The title report does not describe the
chain of title.
Title
Risk
Possible
impediments to the transfer of title of a property.
Title
Search
The
reviewing, of all recorded transactions in the public record, to discover
any title defects, which could interfere with the transfer of ownership
of a property.
Title
Sheet
The
first page of set of construction drawings. Information on the title sheet
typically includes the name and address of the architect as well as an
index to the plans.
Title
Theory States
States
in which the law splits the title of mortgaged property into legal title,
held by the lender and equitable title, held by the borrower. This is based
on the legal assumption, based on a title theory, that the mortgagee is
a partial owner of the real estate securing the mortgage and remains as
is until the debt is fully paid. The borrower gains full title to the property
upon retiring the mortgage debt. The lender is granted more immediate cure
to a default than in "lien theory" states.
T-Nail
A
T-shaped nail used in pneumatic nailers.
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