Definition of "Abutting"
The term abutting comes from the verb “to abut” and the definition of abutting denotes more proximity than “adjacent”. Abutting is often used in real estate to discuss properties that don’t have between them any land or specific border to work as a limit. These properties are referred to as abutting properties. The term abutting is not only used when referring to two homes that share a boundary, but people can also use it in case of a home abutting a highway or industrial parks that are abutting a market. The meaning of abutting implies a shared boundary between a fence, a wall of a building, an outer wall of a home, or even a line drawn on the grass.
What is an abutting property?
An abutting building can be a home, townhouse, a high-rise condominium or an apartment complex. In architecture, the term abutting building refers to buildings with exterior walls that touch or are almost touching. They are regarded as abutting properties by building codes, and even when they have a seismic separation they are still regarded as abutting properties.
People make another comparison with the term “neighbor”. Still, while a neighbor can be the person living next door to you or the one from across the street, an abutter (the owner of the abutting property) can only be the one next door to you, but only if you share a common border between the two properties.
One of the requirements of abutting properties is that the expenses of specific projects to be split between the two. The neighbor from across the street, if the road is private or public domain, is not an abutter, but if the street is split between the two property owners, then the owners will split the costs of repairs. This right as well as other rights, regulations and guidelines are drafted in the Abutter’s rights and the owners of the abutting properties need to respect them.
Real Estate Tip:
Start abutting yourself to people who’ll get you where you want to be: a real estate deal! Find a local real estate agent now!
Popular Real Estate Terms
(1) Surrendering voluntarily or involuntarily ownership of property or an interest therein. (2) Court order to give up possession or the right to property such as in the case of an ...
The Exclusive Right to Sell Listing is a type of Listing where the Listing Broker/Agent wins his/her commission even if he/she wasn’t directly responsible for the sale.Let’s ...
Type of property distribution occurring when a person dies intestate. The estate id divided by the children of the deceased and by their children. For example, if a husband dies intestate, ...
Certificate of an officer stating that a sworn statement is genuine stating when, where and before whom the statement was sworn. A jurat commonly appears at the bottom of an affidavit. ...
Raising money by mortgages and borrowing the money directly from financial institutions. The presence of debt financing provides financial leverage, which tends to magnify the effects of ...
The term after-tax rate of return calculates an investor’s net return after income taxes. The calculation is used by many businesses and investors to determine their real earnings. ...
Null or void something; Revoke or destroy; rescind or set aside; abandon; abolish; repeal; surrender; waive; terminate. In real estate, to void a buy or sell order, price, or quantity. The ...
Home of 1 to 3 stories with stucco outside and a roof made of red tiles. ...
Those factors causing the movement of people, industry, and business from the central city to the outside central city areas, suburbs, and/or small cities. Elements of the dispersing force ...
Have a question or comment?
We're here to help.