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.
Walk-through : A buyer's final inspection of the home to determine if conditions in the purchase agreement have been satisfied.
Warranty : A legally binding promise to do something in the future.
Wetlands : Watery areas such as swamps, marshes and floodplains.
Wild deed : An improperly recorded deed.
Will : The most basic legal document outlining the disposition of a person's estate in the event of death.
Window light : An individual pane of glass.
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.
Window well covers : Curved plastic covers designed to be installed on top of a window well to cover the opening.
Wraparound mortgage : A loan to a buyer for the remaining balance on a seller's first mortgage and an additional amount requested by the seller. Payments on both loans are made to the lender who holds the wraparound loan.
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