Policy for renters, which covers their possessions.
Reorientation
The changing of the market appeal of a property.
Repair
To mend.
Repair clamp
Sleeve type clamp used to repair a split pipe, held in place by bolts.
Repairs
Work that returns a property to its former condition.
Repayment plan
Re-negotiation of repayment rather than foreclosure, which is sometimes done when a borrower falls behind in payments.
Replace
To remove one item and install another in its place.
Replaceable steel track
With a radial saw equipped with replaceable steel tracks, after extended use the tracks used to guide the carriage arm can be replaced without a major breakdown of the saw.
Replacement cost
Cost of erecting a building to replace a previous structure.
Replacement cost approach
Valuation of property based on the amount it would cost to replace at current prices.