Real Estate Glossary
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Wainscoting - Wood paneling, tongue-and-groove boards or similar material installed between a baseboard and a chair rail.
Waiver - A voluntary relinquishing of certain rights or claims.
Walk-out basement - A feature that allows a door to open onto ground level.
Warranty - A legally binding promise to do something in the future.
Wetlands - Watery areas such as swamps, marshes and floodplains.
Will - The most basic legal document outlining the disposition of a person's estate in the event of death.
Window seat - A bench built under an interior window.
Window well - A curved, corrugated steel insert used to isolate basement windows from moisture if they're below the soil line.
