Marginal Land
Definition of "Marginal land"
Land that has poor income potential, usually used in an agricultural sense meaning that the land is untellable, has poor access, is extremely steep, has suffered serious erosion, is extremely small or irregular, or is located at too high of an altitude to grow crops. Marginal land has a lower market valuation than high quality farm land. For example, property located in New England often is marginal land since it is extremely rocky and experiences harsh winters. Crops raised on this property are often marginally profitable.
Popular Real Estate Terms
The net leasable area is all the leasable area of a given building exclusive of non-leasable space such as hallways, building foyers, rooms devoted to heating, air conditioning, elevators, ...
The term effective interest rate is the actual return from a savings account or any investment where you pay interest when considering the effects of compounding costs over time. Through an ...
Member Of the American Institute of Real Estate Appraisers. ...
The definition of involuntary alienation in real estate is the loss of property through attachment, condemnation, foreclosure, sale for taxes or other involuntary transfer of title. ...
The United States has a law named “eminent domain” that grants local, state, or federal government the right to take ownership of a private property with or without the consent ...
Literature, samples, equipment, tools, and other useful information that real estate brokers or agents can use for demonstration purposes to prospective buyers. ...
An asset. The term cost is often used when referring to the valuation of acquired property. When it is used in this sense, a cost is an asset. Concepts of cost and expense are often ...
People often use the term in their everyday discourse, yet many wonder what the meaning of common law genuinely implies. Common law refers to a system of jurisprudence based on court ...
Area or county used in the census or other data gathering functions that has a population of 50,000 inhabitants or more. ...
Have a question or comment?
We're here to help.