Real estate glossary –

Ga – Gap – Ge – Gi – Gl – Gr – Gre – Gu Grease Any thick, oily substance or lubricant. Grease Interceptor or Trap Trapping device, which keeps the grease in waste water from entering a sewer or septic system. Greek Revival Style Style whose most prominent feature is a pillar-anchored pediment forming a portico in front of the house. Green Wood that is unseasoned and uncured. Green Brick Formed brick, which has not yet been fired to make it hard. Green Concrete Concrete not yet set. Green Lumber Lumber, which contains a high water content because it has not had adequate drying, time and is not properly seasoned. It may actually appear green and is difficult to work with, along with having the possibility of warping. Green Mortar Mortar not yet set.


Green Wire The wire that is used as the ground wire in electrical installations. Green Wood Wood, which contains a high water content because it has not had adequate drying, time and is not properly seasoned. It may actually appear green and is difficult to work with, along with having the possibility of warping. Greenbelt Park, open space or other natural setting in a community. Greenboard Dry wall panels, also known as water-resistant panels or moisture-resistant panels, which have water-resistant compounds added to the gypsum core and covered with water resistant paper so they are usable in areas such a bathrooms, where moisture is present. Fiberglass mesh tape is just on the joints and then they are sealed with water-resistant joint compound. Greenfield Conduit Also called flexible metal conduit, this flexible, protective tubing is made from spiral-wound metal. Greenhouse Structure used for growing plants. Natural sunlight comes in through glass or plastic panels and the temperature and humidity is controlled to provide ideal growing conditions. Greensward Green, grassy ground or turf. Grid A pattern of lines laid out at right angles to each other. Alternately, a series of intersecting lines dividing a map or chart into equal sections. Also, the intersecting bars, wires, or supports as in a grating or supports in a dropped ceiling. Grid System Division of a large area into grid or squares to it more manageable. Grillage Grid of steel rebar in a concrete foundation to spread the load over a wider area. Grille Lattice-like covering of an open space. Grinder Abrasive wheeled tool that is used to sharpen tools or to grind off material. Grinding Wheel An abrasive wheel that is used to sharpen tools or to grind off material. Grip Length Length of the nail or other fastener that penetrates the material on which it is used. Grit Rough, hard, abrasive particles of sand or stone. Grit Number Scale to grade coarseness of abrasives; the finer the grit, the higher the number. Groin

Groove Weld Between two parts, the shaped edges form a groove for the deposit of weld metal. Gross Area The total floor area of a structure, in square feet, measured from the outside. Gross Income Total income of a household before expenses and taxes are subtracted. Gross Income Multiplier Also known as gross rent multiplier. Method used to compute the price of an income-producing property by dividing the asking or market price of the property by the current gross rental income. If the current gross rental income is $30,000 and the asking price is $300,000, the gross income multiplier is 10. Gross Leasable Area (GLA) Building’s total floor area, in square feet, designed for tenant leasing. Gross Lease Rental in which the lessor pays all operating costs such as taxes, utilities, insurance and maintenance, in addition to the rent. Gross Margin Percentage produced when gross profits are divided by total income. Gross Profit Profit remaining after the deduction of direct costs but before the deduction of expenses. Gross Rent Multiplier Also known as gross income multiplier. Method used to compute the price of an income-producing property by dividing the asking or market price of the property by the current gross rental income. If the current gross rental income is $30,000 and the asking price is $300,000, the gross rent multiplier is 10. Ground The surface of the earth, particularly the solid surface. Ground Coat The first coat of paint. Ground Conditions Soil stability in a particular area. Ground Cover Any of the various low, dense growing plants, such as myrtle or ivy, which are used in landscaping where it is difficult to grow grass, or for erosion control. Ground, Electrical Conductive connection through which electrical current passes from the electrical component into the ground. Ground Fault Circuit Interrupter A ground fault circuit interrupter is a safety device to protect against electrical shock by cutting off the flow of electricity when there is even a slight stray of current leakage. Ground Floor The floor of a building closest to the building grade. Ground Glass Glass that has been shaped and polished. Ground Joint Union Pipe union that has a brass grounding section between the two halves. Ground Lease Lease of land only. Ground Plan View of a plot showing the structures located upon it. Ground Rent Portion of property income earned by the leasing value of the land. Ground Wire Also called a grounding conductor, it connects an electrical device to the electrical ground. Grounding Method that connects all electrical facilities to the ground. Grounding Clamp Clamp, able to grip tightly onto a metal pipe, with a slot and holding screw to fasten an electrical grinding wire to the clamp. Grounding Conductor Also called a ground wire, it connects an electrical device to the electrical ground. Grounding Electrode System Grounding of the electrical system in a building by bonding together the underground water pipe of metal and the metal building frame with a grounding ring, 20 feet in circumference, and an electrode set into the concrete foundation of the building, 2 ½ feet or deeper. Grounding Plug Adaptor Electrical device, used as a grounding connection, has two prongs and a wire or metal loops, into which a three-prong (two conductor with ground) plug can be inserted. This plug can adapt a three-prong plug to a two-slot receptacle. Grounding Rod Copper-plated metal rod, which is used to provide an electrical ground when it is driven several feet into the earth. Grounds Used as plaster stops or for attaching wood trim, these strips of wood, equal in thickness to the lath and plaster being applied, are attached to the walls around the doors and windows. Groundwater Water that seeps into an excavation due to the high water table in the area. Group Home Single-family residence used to house unrelated people needing special care or supervision. Grout Thin, fluid mortar, made of a mixture of portland cement, fine aggregate, lime and water, used to fill areas between tile, stone or marble. Grouted Masonry Masonry wall, which has several vertical units with grout filling in the opening between the vertical rows. Growing-Equity Mortgage Fixed-rate mortgage where payment increase over a specific period of time with the extra funds being applied to the principal. Growth Ring Tree trunk rings which are used to judge age & growth. Grubbing Clearing property of all low growth.