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
Principal highway designed to divert traffic around a major urban area in order to limit congestion and expedite traffic flow. A belt highway is connected to the urban area by main highways ...
The appellant definition references a concept related to legal proceedings. The appellant is the individual who is dissatisfied with the judgment in a lawsuit and asks for a superior court ...
Relationship between individuals or entities out of which exists a mutual interest. An example is a privity of contract among the contracting parties concerning the actions each are to take. ...
An increase in the income tax basis of a property that is a result of a tax-free exchange. As a result of an inheritance, for example, the basis of the inherited property was stepped up to ...
Last installment payment, substantially greater than the previous installment payments. The unpaid balance of a long-term loan is paid off in a lump sum at the end of the loan term. ...
Construction materials from stone, brick, and concrete block. Masonry materials play an important role in providing structural support as well as being used as decorative finish surfaces. ...
Tax-free exchange that allows a seller two years after escrow closes on his former principal personal residence to buy like-kind property and defer taxes. Profits from the sale of a ...
Also known as “cap rate” or “income yield”, Capitalization Rate is a useful way to compute the rate of return on a real estate investment. It is commonly used in the ...
Loan guaranty program included in the Servicemen's Readjustment Act of 1944. Its provisions cover the compensation to lenders for losses they might sustain in providing financing to ...
Have a question or comment?
We're here to help.