Deed Description
Property description contained in a title deed. A deed description is intended to inform a reasonable person where property is located. It can be described by metes and bounds, by reference to a lot on a filed map by monuments, or by a government survey. A street address may be used, but it is not the best method. The deed description should also include any street rights, or rights of neighbors property. See also legal description.
Popular Real Estate Terms
Measure of land representing one square mile. A section equals 640 acres. ...
Holding pool of mortgages. It is marketed as a tax exempt mortgage backed security for investors. ...
principal line running north and south in the government rectangular survey method. Other meridians, each 24 miles apart, are surveyed from the principal meridian. ...
A written agreement between institutional investors to buy or sell ownership shares in mortgages. An institution such as a bank can agree to buy a certain number of shares in a single or ...
(1) Reconciling the records to show agreement. (2) Agreement of the records to physical amounts. ...
Housing projects specifically designed to meet the community needs of the increasing number of individuals who are largely retired, having no small children. Adult communities are found ...
Something that is inferred, but not explicitly stated. The inference may be deducted from the relevant information. ...
Approach to determining a capitalization rate for use in valuating property so as to arrive at a suitable purchase price. To the risk free interest rate is added a risk premium to cover the ...
The portion of property income due to the ground value itself. It is used in a few states whereby an individual can own a structure and rent the ground to occupy a plot of land. ...
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