Pier And Beam Foundation
A foundation using columns (piers) which extend from footings below ground to the slab above ground. The area between the ground and the slab is called the crawl space and may contain plumbing, heating ducts, and electrical wiring.
More Real Estate Definitons
QuadrantJoint NoteJudgment DebtorFNMA BuydownQuarter RoundVestWatershedUnencumberedCaissonQuiet EnjoymentVetoOpen HouseTransfer TaxGNMA IssuerRollover LoanPositive CarryPrincipalExcess RentX-BracingKelp-ShoreVilla LotVA MortgageMiterCall OptionZoneGlass BlockYard LumberOn CenterAffidavitDividend YieldKnollListingFloor HangerJudgment LienDesigned agencyJunior MortgageApronGradientRecovery fundOrdinanceMortgagorHolding Period