Public Domain
Definition of "Public domain"
- Right to an item belongs to the public at large so anyone can use it. An example is a real estate software program that is publicly available by an electronic bulletin board service.
- Land owned by the federal ,state, or county government that the public may use. This is distinguished from property owned privately by individuals and business.
Popular Real Estate Terms
unfinished access space below the first floor having less height than a full story. An individual must crawl through the crawl hole to gain access. Any interior passage of limited ...
Another residence in addition to the main residence where a person or family resides. An example is a second home out of the city used on weekends and during vacations. Interest and real ...
Designation given to members of the American Society of Real Estate Counselors (ASREC). A prerequisite for membership is professional experience and ethical conduct. ...
Figure or value which is the starting point in computing gain or loss, depreciation, depletion, and amortization. ...
Appraisal by summation is an Alias for Replacement Cost A.K.A. Cost Approach, which is one of the approaches an Appraiser can go through in order to assign a Market Value to a ...
The direction in which a community is growing. Directional growth is measured over time, and its path strongly influences current and future market values of those properties clearly in ...
(1) Sudden and dramatic increase in activity or prices. (2) Rapid economic prosperity. ...
The right to possess, exclusively occupy, enjoy, control, and dispose of real estate. Ownership rights to realty are granted by the ownership of a title to real property. ...
The deposit given by a buyer of property is delivered to the escrow agent, who retains it for the seller. ...
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