American Land Development Association
Trade group of predominately land developers.
Popular Real Estate Terms
Primary residence of an individual. The principal residence can be a single family home, condominium, cooperative, or trailer. A principal residence may qualify for a homestead exemption in ...
An insurance contract or home warranty, usually for one year, covering electrical, plumbing, heating, etc. ...
Managing partner of a limited partnership who is in charge of its operations. A general partner has unlimited liability. Member of a partnership who is jointly and severally liable for ...
Additions made to a structure to protect it from damage due to inclement weather. An example is reinforcing the wood surrounding windows. ...
If you’re looking for the real estate agent definition, you’re in the right place. So, in the following paragraphs, we will try to examine the complex job of a real estate ...
Hallow masonry wall consisting of an inner and outer wall with dead air space between them. The air space provides increased thermal insulation. Cavity walls are not used in northern ...
Judicial finding that the debtor owes an amount exceeding the value of the collateral put up for the defaulted loan. ...
Subsoil that is beneath the A horizon and above the C horizon of the earth. ...
Also called triple net lease. The lessee pays not only a fixed rental charge but also expenses on the tented property, including maintenance. ...
Comments for American Land Development Association
I Have property on a well-known resort island. I want to make sure I am not taken advantage of by selling the land for less than its worth to a developer. I want someone with expertise in Land Development to help me with coming up with a realistic price for the property.
Feb 20, 2020 12:49:12Hello, Dannie! Thank you for reaching out to us! I can’t find a reason why you shouldn’t go with a professional real estate appraiser? A qualified appraiser needs to be licensed or certified, needs to be familiar with the area and this is required in all 50 states. He is obligated to be impartial and to have no interest in the transaction. Think about the fact that lenders use qualified appraisers to lend huge sums of money. They won’t put their money on the line if they can’t trust the appraiser’s expertise in providing a correct appraisal for a property. Because in case of foreclosure they would have to sell the property to recoup the money. So we highly suggest you go with a professional real estate appraiser. Also, we do have an article talking about when to dispute a home appraisal and how? You could check it out if you’re interested.
Apr 09, 2020 12:07:56Have a question or comment?
We're here to help.