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.

Search Real Estate Glossary

Related Real Estate Glossary terms

Marketing

Creation of a demand for a company's products, its distribution, and services for customers who purc ...

Break-even

(1) Occupancy rate at which rental income of a property pays for operating expenses and debt service ...

Easy Credit

Situation in which very few prospective buyers of real estate are rejected by lenders. This may be d ...

Accumulation Unit Value

worth of each accumulation unit at the end of each valuation period for a variable annuity. This va ...

Succession Beneficiary Clause

Section of a life insurance policy setting the procedure for revoking a current beneficiary and desi ...

Experience Modification

Adjustment of premiums resulting from the use of experience ratings. Experience rating plans take th ...

Related Real Estate FAQ

What Is An Escrow Officer?

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

What Is An Adjustable-rate Mortgage (ARM)?

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

What Is Homeowners Association (HOA)?

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

What Is A Loan-to-value (LTD) Ratio?

A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 per ...

What Type Of Life Insurance Is Right For Me?

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

What is Hazard Insurance? What do Real Estate Attorneys do? Real Estate Open House - The Dos and Don Mortgage Loan Types Why Use a Real Estate Agent?

FAQ

What is a loan-to-value (LTD) ratio? Should I Consolidate My Debt? Who is a subagent? What are my coverage options? What is a FHA mortgage?