Standard Metropolitan Statistical Area (SMSA)
Area or county used in the census or other data gathering functions that has a population of 50,000 inhabitants or more.
Popular Real Estate Terms
Last installment payment, substantially greater than the previous installment payments. The unpaid balance of a long-term loan is paid off in a lump sum at the end of the loan term. ...
The Debt-to-Income Ratio’s (DTI) definition is a measure that allows one to compare the ability an individual has to afford a monthly debt payment out of their monthly gross income. ...
Unit of metric are measurement where one hectare is equivalent to 2.471 acres or 107,637 square feet. For example, a 3 hectare parcel of property is equivalent to 7.413 acres or 322,911 ...
Latitude line selected as a reference in the rectangular survey system. ...
A Seller’s Market is the opposite of a Buyer’s Market. It’s that moment when conditions of the Real Estate Market are more favorable to Home Sellers than to Home ...
Written statements about a person or business that are malicious, unfounded, and damaging. It is the basis for legal action. ...
Loan secured by the pledge of specific collateral. ...
The Graduate, REALTOR® Institute is a designation given to real estate agents who have completed the curriculum developed as an educational attainment program by the National ...
Also called the Rule of the Sum of the Digits. An approach that bank use to formulate a loan amortization schedule. It results in a borrower paying more interest in the beginning of a ...

Comments for Standard Metropolitan Statistical Area (SMSA)
What does SMSA mean? Is there some kind of a fee or license number?
Dec 07, 2023 15:23:20Hello Pam, thank you for contacting us!
The US Census Bureau coined the term "Standard Metropolitan Statistical Area" to determine geographic areas for collecting and publishing statistics.
As for fees or license numbers associated with SMSA, it depends on the industry or regulatory body involved. For example, suppose you're referring to a professional license or certification. In that case, you may need to contact the relevant licensing board or organization for specific information on fees and license numbers. You should check with the appropriate government agency if it's related to a government or administrative process.
Dec 15, 2023 05:15:48Have a question or comment?
We're here to help.