Terms H

Question 1

A clause in a deed or lease that defines the type of interest and rights to be enjoyed by the grantee or lessee. Also known as the “to have and to hold” clause.

Answer 1

Habendum Clause

Question 2

Local horizontal structural elements used in wood framing to span doors and windows.

Answer 2

Headers

Question 3

Equal to 10,000 square meters.

Answer 3

Hectare

Question 4

Established to review proposed projects within historic districts for compliance with standards established for new development or alteration or improvement of historic buildings and landmarks.

Answer 4

Historic Preservation / Landmark Commissions

Question 5

A tenant who remains in possession of leased property after the expiration of the lease term.

Answer 5

Holdover Tenant

Question 6

A loan secured by equity value in the borrower’s property.

Answer 6

Home Equity Loan

Question 7

An examination of a real estate property’s condition, usually performed in connection with the property’s sale. A qualified home inspector can assess the condition of a property’s roof, foundation, heating and cooling systems, plumbing, electrical work, water and sewage, and some fire and safety issues. In addition, the home inspector will look for evidence of insect, water or fire damage or any other issue that may affect the value of the property.

Answer 7

Home Inspection

Question 8

A business conducted in a residential dwelling unit that is incidental and subordinate to the primary residential use.

Answer 8

Home Occupations

Question 9

The home which is owned by and is the usual residence of the client along with all the surrounding land and any building on that land, provided the land is not separated from the home by an property owned by others.

Answer 9

Homestead

Question 10

Rules in a cooperative that cover common issues including garbage disposal, maintenance, noise, and conflict resolution.

Answer 10

House Rules