R-value
A construction term that refers to the resistance of to heat loss. The higher the R-value, the slower the rate of heat loss.
Radon
A ground-generated radioactive gas that seeps into some homes through sump pumps, cracks in the foundation and other inlets. A leading cause of lung cancer , radon is found in mostly the northern half of the country.
Rafter
Rafters form the slope of a pitched roof and are analogous to floor joists.
Ranch style
Modern ranch-style homes, popularized in the 1950s, were championed by such architectural giants as Frank Lloyd Wright.
Real estate
Land and anything permanently affixed to it, including buildings, fences and other items attached to the structure.
Real estate agent
A real estate agent has a provincial license to represent a buyer or a seller in a real estate transaction in exchange for a commission. Most agents work for real estate brokers.
Real estate attorney
A lawyers who specializes in real estate transactions.
Real estate broker
A real estate agent who is licensed by the state to represent a buyer or seller in a real estate transaction in exchange for a commission. Most brokers also have agents working for them, and are entitled to a portion of their commissions.
Real property
Land and any permanent fixtures on it, including buildings, trees and minerals.
Refinancing
The process of replacing an older loan with a new mortgage that has better terms.
Relocation company
A firm that administers all aspects of moving in new employees to the community.
Remaining balance
The amount of unpaid principal on a home loan.
Resale value
The future value of a piece of property that can be affected by many factors, including the surrounding neighborhood, school scores, and economic and housing market conditions.
Return on investment
The amount of profit a property generates.
Ridge vent
A vent located along the ridge board of the roof that allows moisture to escape.
Rough-in
The installation of plumbing, electrical and other mechanical systems.
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