- A column designed to support a concentrated load. A pier column is made out of steel, steel reinforced concrete or wood.
- A structure extending out into the water supported by numerous columns providing access to water or vessels.
Popular Real Estate Terms
An agreement, debt, or low which can be operationalized, fulfilled, completed, or performed. ...
Individual with legal privileges and obligations. The legal term is sometimes used for a corporation. ...
Corporation whose stockholders are taxed as partners. That is, income is taxed as direct income to the shareholders. The key advantage of this tax treatment is that shareholders escape ...
A real estate owner's policy and rules regarding the use of the property by the tenant. In insurance, a contract that provides coverage against given risks. Coverage limits for real ...
Modification made by a municipality to the zoning of a locality. A change in zoning typically has to be requested and approved by a zoning commission and then the legislative body. It can ...
Same as term spot zoning: Zoning a portion of land in a given area for different purposes than its surrounding functions. For example, a locality may decide to spot zone a vacant lot in a ...
Notice of a pending suit; a public notice given to prospective purchasers and any one else considering an interest in property that the title is being legally challenged, and the outcome is ...
A situation that occurs when borrowed funds cost more than they produce. ...
Partially amortized and requiring a lump sum (balloon) payment at maturity. ...
Comments for Pier
Is a pier or boat lift considered real estate and part of a property when it goes up for sale?
Jan 06, 2021 13:01:48Hey Bob! If the pier is attached to the waterfront property, it is part of it, and it sells together with the home. There are certain rights and regulations that restrict the owner’s ability to use the body of water or construct docks. Riparian rights and Littoral rights are two of the most important. However, if the property has a dock, the owner already has these rights; otherwise, the dock construction would be illegal.
Jan 11, 2021 13:01:42Have a question or comment?
We're here to help.