A hard rail (also called a "down rail" or "tucked-edge rail") is a rail with a sharp, angular edge running along the bottom side. The edge can be a clean 90° bevel or a softer "tucked" version where the angle blends into the bottom curve. Either way, the defining trait is that the rail has a definite edge rather than a fully rounded transition.
What it does on a surfboard
A hard rail gives water a clean line to release off — instead of wrapping around a soft, rounded rail and dragging, water hits the edge and flicks off cleanly. The result is faster turns with more snap, especially through pivot-style maneuvers off the top.
You only run hard rails in the back third of the board (roughly the last 12 inches). Hard rails up front would feel grabby and unforgiving on wave entry. The transition from soft 60/40 mid-rails to hard back-rails is the standard modern shortboard rail layout.
What to look for
Lundquist boards run 60/40 in the mid-rails and hard down in the last 12 inches across the line. That's the line-wide signature: balanced rail feel through the middle, sharp release off the tail.