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| Change
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Concept used in valuing real property that conditions may be altered requiring a revised estimate of market value; for example, deterioration of property or capital improvements. |
| Change frequency
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Adjustment schedule of an adjustable rate mortgage. |
| Change in principle
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The switching, by a real estate company, from one accounting method to another. |
| Change order
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Any modification of a construction contract, which is signed by the owner, the architect and the contractor. This would authorize a change in work, the amount of the contract or a change in the contract time. |
| Channel
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(1) Decorative molding with a concave groove. (2) Groove or flute. (3) Metal structural shape whose cross section is letter C shaped, which is used to support installations such as door headers, windows, etc. (4) A radio frequency. |
| Channel block
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Also referred to as a bond beam block, rebar can be mortared into the channel or groove of this concrete masonry unit to strengthen its installation. |
| Channel cable tray
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Tray that uses a solid, one-piece bottom with side rails to support electrical cables where there are many run next to one another. |
| Channel flashing
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Flashing with a built-in channel for runoff; used where roof planes intersect other vertical planes. |
| Channel iron
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Metal structural shape whose cross section is letter C shaped, which is used to support installations such as door headers, windows, cable tray support and piping support. |
| Chapter eleven
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Type of bankruptcy filing allowing restructuring and reorganization of existing debts which is used most often by businesses. Creditors must vote on a debt-paying plan and a judge must approve. |
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