Quantity Survey
Definition of "Quantity survey"
- Complete estimated itemization of all costs in constructing a structure including site acquisition and preparation, material, and labor costs. A quantity survey is necessary for a contractor to prepare a project's bid price.
- An appraisal estimate of the replacement cost of a structure including the current cost of materials and required labor.
Popular Real Estate Terms
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Surveyor's use of hypothetical lines to portray a properties position. North to South in the meridian line while East to West is the base line. ...
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