Metropolitan Area
Urbanized area in and around a major city. The metropolitan area may overlap county and state boundaries and may encompass a city, its suburbs, and the orbit of its social and economic influence. For example, the New York metropolitan area is the largest overlapping portion of the states of New Jersey and Connecticut as well as numerous counties and has more than 18 million people. The New York metropolitan area is followed in size by Los Angeles, Chicago, San Francisco, and Philadelphia.
Popular Real Estate Terms
An easement granted to a public utility. ...
'Disputable' presumption that is subject to rebuttal based on evidence. However, the presumption prevails until it is rebutted. ...
(1) Cash revenue from product sales or services rendered less cash expenses. It is different from accrual earnings. (2) The money available after deducting operating expenses and mortgage ...
Certificates that pass-through principal and interest payments to investors. ...
Increase in the value of property arising from holding it. The gain is realized only when the property is sold at which time it is taxable. An example is the increase in the appraised value ...
Square footage of space a parcel of land has. ...
Structure have two dwelling units under the same roof. Two-story apartment unit. ...
Items of real and personal property that usually have a long life, such as housing and other real estate. ...
Distance from the location of natural ground and water to the actual ground level. ...

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