Value Before The Taking

Definition of "Value before the taking"

Market price pf all the property prior to a condemnation proceeding.

Search Real Estate Glossary

Related Real Estate Glossary terms

Override

Percentage of a commission paid by a salesperson to a supervisor in an organization. For example, a ...

Collateral Source Rule

Judicial rule of evidence under which no reduction in damages awarded by a court is allowed for bodi ...

Cost Of Home Ownership

Expenditures pay by the owner of house to keep and maintain it including real estate taxes, interest ...

Confining Condition

Term describing illness, sickness, or disability incurred by the insured such that the insured is re ...

Renovation Cost

Total expenditure to modernize a building to meet the owner's or tenant's needs. ...

American College

(Formerly the American College of Life Underwriters) accrediting body for the CLU (Chartered Life Un ...

Related Real Estate FAQ

What Is An Investment Property?

An investment property is a property you purchase with the intension of using it as a rental income ...

What Type Of A Home Is A Condominium?

A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

What Is A Lock In?

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

What Is A Subdivision?

A subdivision is a piece of land divided into several plots in which homes are built. ...

What Is A Deed?

A deed is a legal document that conveys the title to a property. ...

What Is Homeowners Insurance?

Homeowners insurance is an insurance policy that combines personal liability insurance and hazard in ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Top Five Reasons Your Home Offer was Rejected Home Prices - The Extra Costs Short Sale Homes What is Escrow and how does it Work? What is the Best Time of Year to Buy a Home?

FAQ

What is an adjustable-rate mortgage (ARM)? What is a broker? What is escrow? What does preapproved mean? What is homeowners association (HOA)?