(1) That portion of exposed beach formed by waves depositing sand as they dissipate on the beach. The size of the berm commonly varies with the season. In the summer, the waves move sand onshore and the berm increases; however, in the winter waves erode the berm and move the sand offshore. (2) Bank of earth, sometimes paved, which is used to deflect surface runoff, indicate property limits, or change terrain. (3) Highway shoulder.
Popular Real Estate Terms
Individual who by his expertise, education, and experience prepares syndication reports. ...
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Claim or debt that may be recovered by instituting a lawsuit. ...
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Something that is illegal. An example is an unenforceable debt because it has exceeded the statute of limitations. ...
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Fee charged by a mortgage lender to a buyer, seller or both for transferring a mortgage when the mortgage property is sold. ...
Ownership of property by one individual. ...

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