Adjoining
Definition of "Adjoining"
Regarding the definition of the term adjoining, we see a term used most often to describe a particular position that objects, items, or properties have regarding each other. In the case of the term adjoining, that position is one of direct contact, attached, or contiguous. Strictly regarding the ordinary meaning of the word, adjoining describes closer proximity than adjacent as it requires a “joining” of objects, items, or properties.
Adjoining in real estate
The term adjoining is also important in real estate lingo as it describes two buildings with a connecting boundary, a wall that they both share, a fence that connects the properties, and such. The term, however, is often used together with adjacent accompanied by a wide variety of environmental planning instruments as well as in development control plans. Something important to note is that when used together, they possibly refer to different concepts that determine the proximity of properties, buildings, and lots.
The term real estate adjoining can be used to describe abutting properties or adjoining properties as, in both instances, the two properties do not have any land or structure in between them. These properties can share a wall of the house, a fence in the backyard, or a line of trees that limits one property from the other. In any other way, the two properties are joined at one point or one line with nothing else separating them. Examples would be duplexes and townhouses. The concept is debated when issues of cadastral mapping come into question for buyers that are interested in lots that are devoid of any structures in order to have exact measurements of where one lot ends and the other begins.
Adjoining owners are the legal owners of adjoining properties that share a common structure at their border. Other terms that can be used instead of adjoining in real estate are abutting, neighboring, connected, or attached. Adjacent is close but not quite as directly connected as adjoining is and should not be used as a synonym.
Popular Real Estate Terms
A binding arbitration is a way to solve disputes without going to court. An alternative to the more expensive and lengthy legal procedures, a binding arbitration is basically the process ...
A legal procedure to sell a mortgage property to the highest bidder in order to satisfy a mortgage claim from a mortgagee against the value o the property. A foreclosure sale can occur from ...
Series of sloping horizontal slats most frequently mounted in doors and windows permitting the passage of air while restricting vision and preventing rain from entering the building. ...
Language commonly used in a fee simple title conveyance. The significance is whether the title is clear and can be passed on to the purchaser's estate including all heirs and those who may ...
(1) The interest rate charged on a construction loan. (2) The rate at which construction loan progress payments are made. See also bridge loan; bullet mortgage; development loan. ...
person's behavior partly genetic and partly learned through experience over time. Some people have good personal traits while others have poor ones. ...
In everyday discourse, a merger defines the combination of two entities, be it real estate or two companies, into a single and legit one. We should make a difference between a merger and ...
Same as term financial institutions: Institutions acting as intermediaries between suppliers and users of money. The financial markets are where those wanting funds are matched with those ...
Interest rate on a loan that varies periodically based on some related measure. If interest rates are currently high and a prospective buyer of a home believes future interest rates will be ...
Have a question or comment?
We're here to help.