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Important measure of land area consisting of 43,560 square feet |
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Financial sector of the economy that serves to allocate financial resources among households and firms acquiring funds |
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fixed structures such as buildings, fences, walls, and decks |
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infrastructure that makes the land suitable for various uses. Examples include streets, walkways, utilities, storm drainage systems, and other systems required for land use |
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Institutional grade real estate/investment grade property |
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large valuable commercial properties generally well over $10mil. Usually targeted by institutional investors such as pension funds and foreign investors. These investments are generally located in the 50 to 60 largest US metro areas |
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nonphysical assets such as patents and copyrights |
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commonly used to refer to a physical parcel that does not include any structures but may include some improvements to the land |
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objects that are movable and not permanently fixed to the land or structure. Including furniture, tenant fixtures that often purchased along with real property acquisitions |
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anything owned or possessed rather tangible or intangible |
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land that does not include structures or any improvements |
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tangible assets of land and building aka the bundle of rights associated with ownership and use of the physical assets and the industry or business activities related to the acquisition operation and disposition of the physical assets |
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rights associated with ownership of land and all permanent attachments to land |
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physical things such as automobiles and land |
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potential occupants, owner-occupants, tenants, and renters competing for physical location and space |
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lien assessment by local gov to ensure that those who receive the primary benefit of neighborhood improvements will be charged their fair share |
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to place a lien on real property |
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automatic right of husband and wife in property acquired by their spouse during marriage |
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ownership form that consist of a fee simple estate for ownership of individual units and also consist of tenancy in common for ownership of common areas |
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official rules and regulations that govern condominium ownership |
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master deed creating the condominium corporation |
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individual ownership of apartments in which the property is owned by a corporation of which each resident is a share holder entitled to a proprietary lease for a particular apartment |
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deed restriction (restrictive covenants) |
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limits opposed on the use of land and structures by clauses in a deed |
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parcel that benefits from the servient parcel in an easement appurtenant |
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common law provision that grants a wife one-third life estate in all of the real property in a deceased husband |
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right that the owners of another property may have to use ones land for a specific and limited purpose |
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right of use that continues from owner to owner that involves the relationship between two parcels of land: a dominant parcel that benefits from a servient parcel |
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right to use land for a specific limited purpose unrelated to any adjacent particle |
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