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Rollover (fire) Rollover (also known as flameover) is a stage of a structure fire when fire gases in a room or other enclosed area ignite. [1] Since heated gases, the product of pyrolysis, rise to the ceiling, this is where a rollover phenomenon is most often witnessed. Visually, this may be seen as flames "rolling" across the ceiling ...
Flashover. A flashover is the near-simultaneous ignition of most of the directly exposed combustible material in an enclosed area. When certain organic materials are heated, they undergo thermal decomposition and release flammable gases. Flashover occurs when the majority of the exposed surfaces in a space are heated to their autoignition ...
The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. United States v. Cartwright, 411 U. S. 546, 93 S. Ct. 1713, 1716-17, 36 L. Ed. 2d 528, 73-1 U.S. Tax Cas.
Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the ...
Each week, AOL Real Estate probes the corners of the Web to bring you offbeat dispatches from the world of real estate. This week, events took a morbid turn, what with a landlord setting a tenant ...
Appraisal: The estimated current market value of a property, as determined by a professional appraiser -- usually by comparing the property to recent sales of similar ones. Assessed value: The ...
Estovers. In English law, an estover is an allowance made to a person out of an estate, or other thing, for his or her support. The word estover can also mean specifically an allowance of wood that a tenant is allowed to take from the commons, for life or a period of years, for the implements of husbandry, hedges and fences, and for firewood. [1]
A fire sale is the sale of goods at extremely discounted prices. The term originated in reference to the sale of goods at a heavy discount due to fire damage. It may or may not be defined as a closeout, the final sale of goods to zero inventory. They are said to occur in the financial markets when bidders who value assets highly are prevented ...