Urban Economics

Definition of "Urban economics"

Colby & Michele Myers

Colby & Michele Myers Treehouse Realty

Branch of economics that applies the tools of economic reasoning to the analysis and solution of urban economic problems.

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American Real Estate And Urban Economics Association (AREUA)

Members consisting of educators, behavioral scientists, state and local school system research directors, research specialists, and graduate students. ...

Franchise

Privilege granted by a franchiser to a franchisee permitting the latter to operate using the franchiser's name. The franchisee must pay a franchise fe ...

Base And Meridian

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. ...

Obiter Dictum

Opinion of a judge having no direct legal or binding effect on the outcome of a pending judicial decision. An obiter dictum is considered to be an i ...

Reversionary Value

Estimated value of property after a specified time period. ...

Dutch Colonial

Early American architectural housing style stressing a gambrel roof and overhanging eaves. ...

Popular Real Estate FAQ

What Is Accession?

The right of a property owner to have and enjoy all of the advantages of property ownership including air right, mineral rights, riparian rights, and ...

What Is An Appraised Value?

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the property. ...

What Is A Lock In?

A lock in guarantees a certain interest rate for a certain period of time. ...

What Is A Down Payment?

A down payment is the money you pay up front for the purchase of a home. ...

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from disputes over the title of a property. ...

What Is A Proration?

A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that pa ...

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