Definition of "Backfill"
A backfill defines the act of replacing a vacant lot. People use a backfill as a replacement for an unoccupied position.
Backfill in construction and archaeology!
The most common definition of backfill is dirt, earth, or residue left from an original digging site. You can find a backfill around a building foundation, which construction workers use for backfilling for support. More precisely, they fill holes with this material to strengthen a building.
Often, builders apply this material to refill an excavated area. You’ll encounter a backfill in archaeology, where they use a backfill to build up a trench or the former ground surface.
Backfill plays an integral part in real estate’s foundations.
Backfill is, first and foremost, a natural material, a mixture of soil, pebbles, stones, sand, or other ‘ingredients’ left behind once they complete an excavation project. Then workers use this to fill a void.
Backfill material is an essential part of the construction. Without it, we can achieve no solid grading. Therefore, we can’t neglect it in the real estate market either. If there’s not enough backfill left, they will transport it to the given building site.
A landlord may backfill a lease.
Often, tenants complain about their landlord’s bogus practices. Before signing any lease, be it even a short-term lease, renters should establish complete terms with their landlords. For instance, they may ask renters to sign an incomplete lease. Landlords reason that they will backfill the lease at a later date. We strongly recommend you not to comply with their request!
Everyone must fill in all blanks before agreeing to sign any official document. Virtually, the practice of backfilling a lease is a violation of landlords-tenants rights 101! Let’s suppose they backfill a lease with a much higher price you initially settled with. Then, the law will still bind you to pay the sum figuring on the lease on the contract. Check your state’s statutory laws, namely the Model Residential Landlord-Tenant Code or the Uniform Residential Landlord And Tenant Act (URLTA.)
Indeed, finding a common denominator with your landlord is a genuine art form. Contact a local real estate agent if you have doubts or questions about your landlord’s ambiguous practices!
Find a backfill for a missing tenant!
The act of backfilling can also occur when a tenant agrees to stay at a fixed term but has a change of heart. Soon, they decide to leave the apartment sooner. They wish to get out of the lease as well. Yet, they can’t find the next tenant to assume the remaining lease. Subsequently, the landlord has to find a backfill for the vacant apartment.
Backfill for a company
The meaning of a backfill also refers to the act of occupying a vacant job or an individual who takes over a former employee’s place as a replacement. Any successful brokerage will inform you that backfills are vital to maintaining continuity.
Backfill positions are available when regular employees are absent, terminated their job contract, or promoted. Also, maternity leave or sickness can create backfill positions at a company. Backfill jobs can be temporary when the broker or real estate agent returns from said leave.
Popular Real Estate Terms
Generic name given for any association of property owners sharing an interest in commonly owned property. Community associations may be developed in condominium, cooperative, or housing ...
The land-to-building ratio is a means to calculate in percentage how much a structure occupies the total land parcel on which it is located. It is the total building area as a percentage of ...
Individual who gives false statements under oath, which is a criminal act punishable by imprisonment and fine. An example is signing a tax return that fraudently understates rental income, ...
Loan such as a mortgage that the borrower has consistently made payments on when due over many years. The borrower has proven his creditor worthiness. ...
Owned by one individual or sole ownership. ...
Affordability is a term used to describe the ability of a person or entity to pay in relation to the income earned by them. Affordability is the comparison of a person's income against ...
The word’s etymology reflects several diverse or seemingly unrelated topics under the same umbrella. As part of everyday discourse, you’ll find the term “omnibus” ...
To understand the definition of the term demised premises, one must understand what demise means. Because demised premises is a widespread use for the term demise. The demised premises ...
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 ...
Have a question or comment?
We're here to help.