Definition of "Acre in Real Estate"

An acre is defined as a land unit that is commonly used in the US customary and imperial systems of 66 by 660 feet (one chain by one furlong). An acre is a measure of volume used in many countries. Meaning “open field” is commonly used to measure tracts of land and was first defined back in the middle age for measuring the amount of land a yoke of oxen could plow in one day. With the International yard and pound agreement of 1959, the acre was determined to represent precisely 4,046.856 422 4 square meters, and the other measuring systems translated it accordingly. 

Because we do not use just one unit of measurement globally, an acre is recognized as a statute measure in the United Kingdom, most countries of the former British Empire, and the United States. What should be noted, however, is that, while the measurement can be legally used for trade and measurements of tracts of land, it should only be given as secondary information and should not be used for land registration.

The Size of an Acre

Considering that we no longer use yokes of oxen to measure land, you might be wondering how big is an acre. The measurement of an acre can be of any shape, not only rectangular. The only necessity is that it amounts to a total area of 43,560 square feet. To better visualize, imagine something like a football field without both end zones.

An acre is about 4,047 square meters, 43,560 square feet, around 40% of a hectare, 1/640 of a square mile. It is essential to check the documents for any land owned or bought, however,  to make sure that the measurements are in acres and not commercial acres. For a commercial acre, there is a slightly different method of measurement.

Real Estate Secrets:

Did you know that our real estate glossary has approximately 100 acres filled with real estate terms?

And if you’re not in the mood to walk this uncharted territory, find a real estate agent and let him trailblazer it for you.

Comments for Acre In Real Estate

Sheila Thompson Sheila Thompson said:

What is the meaning of property offset?

Apr 18, 2019  13:49:48

 
Real Estate Agent

Hello Sheila, are you thinking about properties under an offset statement

May 01, 2019  04:33:16
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Rate of return of capital invested in building improvements. Is segregated from land investments and provides a method of separating property income streams between improvement and land ...

The term adverse possession is a legal principle that allows a person who resides on another person’s land or possesses another person’s land to get a title for that land. There ...

The use of borrower funds by people or business to increase the return on an investment. Examples are a mortgage to purchase real estate and buying real estate stock on margin. ...

An individual legally fit and able to undertake an activity or function. ...

In real estate, the basis to set an adjustable rate mortgage, such as a 6-month certificate of deposit (CD) rate, cost of funds index, or prime rate. A statistical measure stated as ...

Contract that intends to convey property form one individual to another but is defective in one respect. ...

Mortgage loan where for a slight increase in the monthly payment, the loan can be paid off in only 15 years, The overall savings in interest paid to the lender over the life of the 15-year ...

A type of real estate investment trust (REIT) that does not own property but gives short-term financing for construction loans or for permanent mortgage loans for major projects. ...

Amount invested in property in cash. ...

Popular Real Estate Questions