Real Estate Definition Of Attic

Real estate glossary term attic.

Real estate definition of attic. 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. 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 space under the roof of a structure but before the top story.

The mls is a service real estate agents use to publish their active property listings so that consumers and agents can search for sale homes and view them online. 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. The attic can be completely finished as a habitable place complete with floors insulation beds and furniture like just another bedroom or home office. Understanding the measurements calculations and room counts of your home on the appraisal.

Explaining attic fan term for dummies. 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. By thomas hardwick. Each mls has different rules on how to report and what counts as finished square footage but they all seek to standardize housing data so that you have the most accurate information.

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