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
Amount the taxpayer gets back when he or she files the tax return at the end of the reporting year because taxes were overpaid for that year. The tax overpayment equals the tax payments ...
Clause in a percentage lease permitting the landlord to cancel a lease and recover the property if the tenant's sales fall below a specified level. Clause in a lease permitting the ...
Individual with legal privileges and obligations. The legal term is sometimes used for a corporation. ...
The lessee becomes a lessor by subletting the property to a third party. Typically, the sandwich leaseholder does not own or use the property. ...
A judicially approved plan in which a persons obligations are paid over three years. It is an arrangement for the repayment of debts which permits a credit user in severe financial straits ...
Agreement in which the contract price to build something is equal to the total costs incurred plus a predetermined profit. The profit may be based on a percentage of cost (e.g., 20% of ...
The unadjusted basis of assets is the actual price paid for purchasing an asset without any reductions from depreciation deductions. In order words, the unadjusted basis is an asset’s ...
Approving or permitting an action to occur. ...
Aerial photos are photographs taken by cameras mounted in aircraft or satellites. Aerial photos are more commonly used in the industrial Real Estate Market to get a better feel of a ...
Have a question or comment?
We're here to help.