G
Gable Roof
A steeply angled, triangular roof.Galvanized Pipe
Iron pipe with a galvanized (zinc) coating.Gambrel Roof
A "barn-like" roof, where the upper portion of the roof is less-steeply angled than the lower part.General Lien
A broad-based claim against several properties owned by a defaulting party.General Warranty Deed
A deed which conveys not only all the grantor's interests in and title to the property to the grantee, but also warrants that if the title is defective or has a "cloud" on it (such as mortgage claims, tax liens, title claims, judgments, or mechanic's liens against it) the grantee may hold the grantor liable.Georgian
A classic, English-style hose characterized by simple rectangular shape and multiple stories.GFI
Ground Fault Interrupter. A type of circuit breaker required in areas where water is present.Gift Letter
A letter that a family member writes verifying that he/she has given you a certain amount of money as a gift and that you do not have to repay it. You can use this money towards a portion of your down payment through some mortgage products.Ginnie Mae
A wholly owned corporation created in 1968 within the U.S. Department of Housing and Urban Development to serve low-to moderate-income homebuyers.Girder
A main supporting beam.Good-Faith Estimate
A written statement itemizing the approximate costs and fees for the mortgage.Government Mortgage
Any mortgage insured by a government agency, such as the FHA or VA.Grade
The slope of land around a building. Also ground level.Grantee
Any person who is given ownership of a piece of property.Grantor
Any person who gives away ownership of a piece of property.GRM
Gross Return on MoneyGross Area
The sum total of all floor space, including areas such as stairways and closet space. Often measured based on external wall lengths.Gross Monthly Income
The income you earn in a month before taxes and other deductions. Under certain circumstances, it may also include rental income, self-employed income, income from alimony, child support, public assistance payments, and retirement benefits.Gross Rent Multiplier
The Sales Price divided by the Annual Income, it is a method of calculating property value.Grouting
Material used around ceramic tile.Gutter
The trough around the edge of the roof that catches and diverts rain.
