Aerial Photos
Definition of "Aerial photos"
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 property’s large size and limits. Not only that: as part of the appraisal process. Imagine a power plant. Having a picture taken from the sky helped to check if there were any structural problems on hard to reach areas like the outside of a roof.
However, ever since drones became so popular and easy to manipulate, the residential real estate market has started to take aerial photos as well as a marketing ploy to help drive sales.
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Popular Real Estate Terms
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Legal order for a person to present at a deposition or trial documents in his possession, such as related to a real estate transaction. ...
Unit of measure for the change in interest rates for loans. One basis point equates to 1 percent of 1 percent, that is, 0.01 percent. Therefore, one hundred basis points equals 1 percent. ...
Landlord's right to receive the value of the tenant's property to pay for unpaid rents or for damages to the leased premises. ...
Current cost to replace property with an identical property after allowing for the depreciated value of the property. ...
A partition or wall that provides no support to the structure in which it is located. For example, a nonbearing partition or wall does not support any floors above it. A partition which ...
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