Important Land Features


Definition of "Important land features"

Factors affecting the useability and value of property. Important land features would include whether the land was flat or hilly, cleared or uncleared, high or low elevation, dry or swampy, fertile or rocky.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Sheriff's Deed

Title to property being given under a court order because the original owner failed to pay the mortg ...

Suspension Of Coverage

Interruption of insurance provided for in most property insurance policies under circumstances where ...

Omissions Clause

Provision of a treaty reinsurance contract stating that if an insurer fails to report a risk that wo ...

Professional Appraiser

Expert in real estate who has an education in real estate appraisal as well as having significant pr ...

Bond, Blanket

Same as term Blanket Position Bond: covers all employees of a business on a blanket basis with the m ...

Quid Pro Quo

Exchange, in insurance, of an adequate consideration (premium paid by an insured) for the promise of ...

Related Real Estate FAQ

What Happens When A Property Starts To Depreciate?

When a property depreciates it declines in the value of the property due to poor location, dilapidat ...

What Is A REALTOR®?

A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affi ...

What Do I Need To Know About Indemnity Insurance?

A principle of insurance which provides that when a loss occurs, the insured should be restored to t ...

What Is A Convertible ARM?

A convertible ARM is an adjustable- rate mortgage (ARM) that can be converted into a fixed rate mort ...

What Is A Proprietary Lease?

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a partic ...

What Is A Credit Report?

A credit report is a report of all your debt information compiled by an independent agency. The cred ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

7 Things to Consider Before Moving to a New City How is Square Footage Determined? Mortgage Loan Types What is Escrow and how does it Work? Top Five Reasons Your Home Offer was Rejected

FAQ

What is a principal? What are paid advertorials? What happens when you prequalify? What is a cap? What does a back-end ratio mean?