Real Estate Definition Of Attic

Loft and attic in u s usage a loft is an upper room or story in a building mainly in a barn directly under the roof used for storage as in most private houses.

Real estate definition of attic.

Explaining attic fan term for dummies. By thomas hardwick. In this sense it is roughly synonymous with attic the major difference being that an attic typically constitutes an entire floor of the building while a loft covers only a few rooms leaving one or more sides open to the lower floor. Understanding the measurements calculations and room counts of your home on the appraisal.

Get the definition of attic fan and understand what attic fan means in real estate. However hud fha does not have a real definition of attic in their documentation. The attic can be completely finished as a habitable place complete with floors insulation beds and furniture like just another bedroom or home office. May be simply an air space or improved and used.

Real estate glossary term attic. At first glance the concept of measuring a home counting the rooms and reporting the results in the appraisal report appears to be fairly simple and straightforward. Definition of attic michael lescher real estate agent re max shocase an attic is an accessible room or space between the roof rafters and ceiling joists of a structure. The space under the roof of a structure but before the top story.

Because there is no definition of attic assumptions have been made by fha and appraisers that the attic includes any space above the ceiling and below the roof inside dwellings despite that space in modern design homes typically not having any flooring.