#0 to 9ABCDEFGHIJKLMNOPQRSTUVWXYZ

You are at page 12 of 79 8 9 10 11 12 13 14 15 16

Deep discharge
Discharging a battery to 20 percent or less of its full charge capacity.

Deep well
A well more than 25 ft. deep.

Deep-cut trim plate
A convex electrical cover plate used for a slightly protruding electrical box.

Deep-seal floor drain
Drain used to dispose of basement water to a sewer line.

Default
A breech or nonperformance of the terms of a note or the covenants of a mortgage.

Default charge
Penalty charged if the amount owed on a purchase of real estate is not paid on time.

Default judgment
Judgment issued, by the court, against a defendant who does not respond to the plaintiff's lawsuit and does not respond in his own defense.

Defeasance clause
Provision guaranteeing the return of title to a mortgagor upon satisfaction of a mortgage's condition and terms. Causes the discharge of a mortgagee's estate interest in a property.

Defeasible
Clause in a contract, title or mortgage that is subject to be repealed or revoked upon the satisfaction of a claim or completion of a future event.

Defeasible title
Title that can be made null and void or defeated upon the satisfaction of a claim or the completion of some future contingency.

You are at page 12 of 79 8 9 10 11 12 13 14 15 16




About  | Press Room  | FAQ  | Contact  | Sitemap  | Privacy Policy  | Terms of Use  | Help

© 2009 BobVila.com