City Plan

Definition of "City plan"

Large scale map of an urban area detailing land use. City plans are essential for projecting the growth, development, and redevelopment of the urban area. The major objective of a city plan is to have compatible uses, using the zoning law, as well as to preserve important environmental, topographical, and historical features of an area.

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Popular Real Estate Terms

Stretcher Bricks

A method of brick construction where the bricks are laid with their sides facing outward. ...

Eviction

Legal action of a landlord to remove a tenant.The tenant may have violated the lease agreement such as for the tenant's failure to pay the rent. ...

Highest And Best Use

Use of a parcel of land that will produce the greatest current value. ...

Expansible House

House design to be easily expandable. ...

Slander

Oral defamation of the character or reputation of another. It is the basis for a lawsuit. ...

Equity Rate O Return

Return before taxes on the capital invested in real estate property. ...

Popular Real Estate FAQ

What Is A Seller Disclosure?

A seller disclosure is a form required by most states; the seller uses this form to disclose any known defects of the home. ...

What Are Discount Points?

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

What Is An Inspection?

An inspection is a close and thorough examination of a house and property. A licensed individual usually does the inspection. ...

What Is Escrow?

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. When you put down a deposit on a house, for example, ...

What Is An Easement?

An easement is the right given by the landowner to use the property. ...

What Type Of A Home Is A Condominium?

A condominium is a form of home ownership in which the owner owns the airspace within the walls but doesn't own the actual walls, ceilings, or floors ...