Core terms

Draw Schedule

Core terms · definition

The agreed timeline of payments tied to completed project milestones rather than calendar dates. A fair draw schedule keeps payments slightly behind the work completed, never ahead of it.

Source: Investopedia — Construction Loan

  • Drawing Set

    The coordinated package of plans — floor plans, elevations, sections, and details — that defines the design and governs construction and…

  • Design-Build

    A delivery method where one entity handles both design and construction under a single contract, giving the owner one point of responsibi…

  • Drywall

    Gypsum panel wall and ceiling material (also called sheetrock) that is hung, taped, mudded, and finished. Any wall opened during a remode…

  • Demolition

    The controlled removal of existing finishes and structure to prepare for new work. A clean, properly contained demo is where most hidden…

  • Dust Containment

    Temporary barriers, zip walls, and negative-air setups that keep demolition and sanding dust out of occupied areas. Standard practice for…

  • Debris Container / Dumpster

    The roll-off container for construction waste. Placement, permits for street placement, and haul-away are real line items and logistics o…

  • Easement

    A recorded legal right for someone else (often a utility) to use part of your land. Building over an easement can force removal at your e…

  • Crawl Space

    A shallow accessible void below the floor (instead of a basement or slab) housing structure, plumbing, and ducts. Its condition affects a…

Where this term fits in a remodel

The pillar guides set terms like this one in context — what the work involves, what drives its cost, and where it sits in the sequence of a project. Pricing a specific house takes a defined scope and an on-site assessment.

Remodeling guides → Contact the publisher →