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| Proportionality
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Comparing properties in terms of some measure(s) such as dimensions and dollar value. Alternately, percentage relationship of a specific part of property to the whole property. |
| Proportioner
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A pumping unit comprised of two (2) positive displacement pumps that is designed to dispense two (2) components at a precise ratio. Used in SPF and plural component coating applications. |
| Proposal
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Detailed presentation of an offering to perform a job for a specified amount under certain conditions. Often given by a subcontractor to a general contractor. |
| Proprietary lease
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Lease in a cooperative apartment building, the lease a corporation provides to the stockholders, which allows them to use a certain apartment unit under the conditions specified. |
| Proprietorship
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Ownership of a business, including income-producing real estate, by an individual, as contrasted with a partnership or corporation. |
| Prospect cards
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File of prospective real estate customers showing their address, telephone number, time and date of last contact, types of properties in which they are interested, and their financial capabilities. |
| Prospectus
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A printed descriptive statement about a business or investment that is for sale, to invite the interest of prospective investors. Document that must accompany a new issue of securities for a real estate company or partnership and must include the same information in the registration statement, such as a list of directors and officers, financial statements certified by a CPA, underwriters, the purpose and use for funds, and other relevant information. |
| Protect
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To shield from injury, danger or loss. |
| Protected membrane roof (pmr)
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A roof assembly in which the insulation and ballast are placed on top of the membrane component. Commonly referred to as an "inverted roof assembly.". |
| Protection board
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Heavy asphalt impregnated boards which are laid over bituminous coatings to protect against mechanical injury. |
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