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Implied Warranty of Habitability:
Court
cases which determined that all new homes are assumed to be fit for human
habitation and meet all building codes.
Income property: Real estate that is owned or operated to produce
revenue
Index The rate you
pay directly related to a particular interest-rate index.
Inflation: The annual rate at which consumer prices increase
Inspection Report: An
examination of a home's exterior, foundation, framing, plumbing, electrical
system, heating, air conditioning, fireplace, kitchen, bathroom, roofing and
interior. See also Home Inspection.
Interest: The price paid for the use of capital
Inventory (of Homes): All space within a certain proscribed market without
regard to its availability or condition. See also Days on Market
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