Base Line

Definition of "Base line"

Latitude line selected as a reference in the rectangular survey system.

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Related Real Estate Glossary terms

Dedication

Property given and accepted as a grant to the public. ...

Estate For Life

Having an interest in property for the duration of one's life after which the title reverts to anoth ...

Equipment Dealers Insurance

Coverage on all risks basis for such items as binders, reapers, harvesters, plows, tractors, pneumat ...

Float-Down

A rate lock, plus an option to reduce the rate if market interest rates decline during the lock peri ...

Conclusive Presumption

Incontrovertible reality forcing a judge in a trial to find evidence to the contrary unsupportable. ...

Collateral Assignment

Designation of a policy's death benefit or its cash surrender value to a creditor as security for a ...

Related Real Estate FAQ

What Is A Down Payment?

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

What Do I Need To Know About Term Life Insurance?

Provides financial protection for a limited, specified period of time, at a lower cost than permanen ...

What Is An Origination Fee?

An origination fee is a fee paid to a lender for processing a loan application. ...

What Is A Contingency?

A contingency is a provision included in a sales contract stating that certain events must occur or ...

What Is A Title?

A title is the right of property ownership. ...

What Is A Gated Community?

A gated community is a community of homes where you must pass through a security gate in order to en ...

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What is a gift letter? What is a gated community? What do I need to know about Term Life Insurance? Is depreciation common? I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the purchase?