Development

Definition of "Development"

Process of developing an area by planning and building homes, shopping centers, schools or churches. The development process includes the construction of streets, sewers, utilities, parks, and other resources.

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Popular Real Estate Terms

Federal Housing Administration (FHA)

Federal agency within the Department of Housing and Urban Development that provides financing to home buyers, particularly those with little cash or w ...

Industrial Subdivision

Same as term industrial park: Usually a fairly large site zoned and planned for the purpose of industrial development and located outside the main res ...

American Planning Association (APA)

The APA encourages the best techniques and decisions for the planned development of communities and regions. ...

Nichification

Proliferation in the number of loan, borrower, property, and transaction characteristics used by lenders to set mortgage prices and underwriting requ ...

Industrial Park

Usually a fairly large site zoned and planned for the purpose of industrial development and located outside the main residential area of a city. Indus ...

Urban Development Action Grant

It is intended to stimulate private investment in distressed cities and urban counties by providing federal "seed money' to attract private funds for ...

Popular Real Estate FAQ

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You probably don't have the correct knowledge to represent yourself. The seller pays the real estate commission, not the buyer, and real estate commis ...

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A survey is an examination of a property\'s boundaries to determine the quantity of land, location of improvements, and other information. Usually the ...