Base And Meridian | Real Estate Glossary

Definition of "Base and meridian"

Surveyor's use of hypothetical lines to portray a properties position. North to South in the meridian line while East to West is the base line.

Real estate bought and leased to tenants to obtain rental income. ...

(1) Paved roadway constructed above lowlands such as a swamp. (2) Roadway in ancient Egypt connectin ...

According to value ...

Portion of reinsurance premium received by the reinsurer that relates to the unexpired part of the r ...

Costs that the borrower must pay at the time of closing, in addition to the down payment. ...

Individual: Adjusted gross income less itemized deductions and personal exemptions. After taxable ...

The process of paying off a loan balance. As you make payments, a certain amount is applied to the p ...

A FHA mortgage is when the government guarantees Federal Housing Authority loans. You can put down a ...

A down payment is the money you pay up front for the purchase of a home. ...

A subdivision is a piece of land divided into several plots in which homes are built. ...

A fixed-rate mortgage is a type of mortgage in which the interest rate is fixed for the life of the ...

Mortgage companies use ratios to analyze your mortgage payment. The housing payment ratio (or front ...

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