Location


Definition of "Location"

Emanoel Frias
Emanoel Frias Global Homes Realty , Inc

Place where real estate is situated. The geographic location of property affects its value. For example, real estate in a good neighborhood is worth more.

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Popular Real Estate Terms

Situs

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Report furnished by the adjuster to the, insurance company (insurer) that documents the amount of payment the insurer is legally obligated to pay to o ...

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Allocation of the cost of fixed assets, such as plant and building, over the life of the asset. Depreciation is due to physical use and/or obsolescen ...

Property Insurance Coverage

Coverage for direct or indirect property loss that can be analyzed under the following headings: Peril a particular peril may be included or excluded ...

Average Rate

Applicable rate, in property insurance, of each location multiplied by the value of the real and/or personal property at that location, all of which i ...

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 charact ...

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