Corner Lot | Real Estate Glossary

Definition of "Corner lot"

Land parcel bounded by two intersecting roadways.

Not attached to any parcel of land but merely a personal right to use the land of another. ...

Measures looking at the past, current a future direction of the economy. They may have an impact on ...

Contracts: Awarding a contract to the bidder for the property with the best offer. Lease: To le ...

Ownership in property by two or more persons at the same time. ...

Money that is lent. In life insurance, a loan can be taken against the cash value of a life insuranc ...

lease computed as a percentage of the underlying appraised property value. Under the terms of a rea ...

A mortgage insurance premium is a policy that insures the lender against loss if the homeowner defau ...

A mortgage is a legal document that pledges your property as security (like collateral) for a loan. ...

The fee an agent earns for the sale of a home-usually a percentage of the selling price. ...

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortga ...

A lien is a claim against a property. ...

Hazard insurance is insurance coverage that compensates for physical damage to a property from natur ...

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