Lay Of The Land
Definition of "Lay of the land"
An idiomatic expression indicating the desire of an individual to understand new surroundings and all of its nuances including its quality and character. The derivation of the expression undoubtedly was from an attempt to determine the general location and incline angle of newly discovered property.
Popular Real Estate Terms
Pump installed in the sump of a building to pump out and drain any water or liquids that have accumulated. ...
Property interest a person has that is presently possessed by another. Upon the termination of the possession, the property reverts to the grantor. ...
Type of warranty that entitles a homeowner to full remedies for defective work done by a contractor. ...
Substance or material used at the top of a chimney at the roof to inhibit the development of moisture and to protect the metal. ...
Certification granted by the Realtors National Marketing Institute upon successful completion of an education program and the required residential sales experience. Candidates must already ...
Property that is zoned for industrial use, including manufacturing, research and development purposes, factory office and warehouse space, and industrial parks. ...
Nonprofit entity disseminating advice and data on the best utilization of land. The address is 1090 Vermont Avenue, NW, Washington, DC 20005, telephone (202)289-3307. ...
Arbitrary value assigned to real property without any scientific or technical reason. It is a personal decision based on a hunch. ...
Short-term leases are leases that run its completion in a faster time than regular ones.In real estate, short term-leases usually refer to temporary housing; that is: rent.The length of a ...
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