GLOSSARY - Header.jpg

A glossary of building and construction terminology provided by Magnolia Homes of Georgia.

Allowances
A sum of money set aside in the construction contract for items which have not been selected during the building process. At MHG, allowances are typically included in the sales price. Depending on the stage of construction when the home is purchased, set allowances may be used by the homeowner to select flooring, lighting fixtures, appliances, etc.

Certificate of Occupancy (CO)
This certificate is issued by the local municipality and is required before anyone can occupy and live within the home. It is issued only after the local municipality has made all the required building inspections and all fees have been paid to the municipality.

Easement
A right given to a third party to use a portion of property for certain purposes, such as power lines or water mains.

Elevation
The exterior facade of a home, including the materials (like brick or stone) used on that surface. At MHG, you may choose different elevations from our house plans, in addition to a selection of exterior colors for each of our plans.

Energy Efficient Mortgage (EEM)
A mortgage that credits a home’s energy efficiency in the mortgage itself and gives borrowers the opportunity to finance cost-effective, energy-saving measures as part of the mortgage, allowing borrowers to qualify for a larger loan amount and a more energy-efficient home. EEMs are typically used to purchase a new home that is already energy efficient such as an ENERGY STAR qualified home. EEMs typically require a home energy rating to provide the lender with the estimated monthly energy savings and the value of the energy efficiency measures.

Energy efficiency
Reducing the amount of energy required to heat and cool homes, and to power appliances and electronics.

Energy Star
A joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy helping to save money and protect the environment through promotion of energy efficient buildings, homes, products and practices. ENERGY STAR labeled products have met Federal energy efficiency standards.

Engineered wood
Products made from lumber, veneers, strands of wood, or from other small wood and sometimes recycled plastic elements that are bound together with structural resins to form lumber-like structural products. They are designed for use in the same structural applications as conventional lumber, and allow production of large-lumber substitutes from small lower-grade logs.

Framing
The construction of the skeleton structure, or framework, of a house, typically made from lumber and wood materials.

Floor plan
An architectural drawing showing the overall layout of a home, the size and shape of each room, as well as any optional configurations of those rooms. At MHG, we have a wide variety of floor plans to choose from which include single-story plans, two-story plans, master on main plans, etc.

Grey water
Non-drinkable water obtained from various sources around your home that can be reused for irrigation, flushing toilets, and other purposes.

Heating, Ventilation, and Air Conditioning (HVAC) system
The system that controls a home’s internal temperature, humidity, air flow, and air filtering.

HOA (Homeowners Association)
In many new communities, an association of homeowners is formed. The Homeowners Association is responsible for enforcing the rules and regulations of the community, and also for the maintenance and upkeep of any common areas, including swimming pools, tennis courts, and landscaping.

Option
In addition to standard features included in all MHG homes, homebuyers are able to personalize their home to fit their needs and lifestyle by purchasing additional options. Options are upgrades or additions to the standard features and may include upgraded appliances, designer finishes on cabinets, countertops and floors, and a variety of other choices. Options allow us to effectively manage the price of our homes while ensuring that you only pay for the options that are truly important to you.

Punch list
A list of items that will be completed or corrected prior to finishing construction on a home. The punch list may include items such as paint or sheetrock touchup, caulking, installing appliances, etc.

R-value
A measure of insulation energy standards. The higher the R-value, the better walls and roofs will resist the transfer of heat.

Seasonal energy efficiency ratio (SEER)
A measure of seasonal or annual efficiency of a central air conditioner or air conditioning heat pump. It takes into account the variations in temperature that can occur within a season, rather than a single temperature, and is the average number of Btu of cooling delivered for every watt-hour of electricity. The higher the SEER, the more energy efficient the system.

Standard feature
All MHG homes come with many of the most popular standard features, which may include a specific style of cabinets, or a specific type of countertop. MHG homebuyers can personalize their home by choosing from a range of colors for their standard features at no additional cost.

Warranty
A plan to fix or repair specific items of your home according to the term of warranty policy. All elements of the warranty are reviewed with the homeowner at the time of the final homeowner review and at closing. At MHG, we offer a one-year limited warranty that covers materials and workmanship, as well as mechanical issues.