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
The definition of emblements in real estate is very simple: emblements are the crops grown on a piece of property leased to a tenant. Legally, the crops are the property of the person who ...
Process of simultaneously appraising several pieces of property. Normally, occurs when a local government conducts a reassessment. ...
Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...
A capital asset. An expenditure to buy property and other capital assets that generate revenue. Securities of real estate companies. ...
All expenses related to maintaining and operating a household. These expenses include the cost of rent or mortgage payments, taxes, utilities, maintenance and structural improvements. The ...
Gradual deterioration of land due to nature such as because of floods, hurricanes and storms. Gradual decline in the value of real estate because of poor market and economic conditions. ...
Premiums in insurance and real estate define as a bonus or surplus money. A dividend means a periodic fee you have to pay for your insurance protection. While in real estate, a premium ...
The definition of plottage in real estate is simple. When you combine multiple pieces of land into one large parcel, the plot appreciates in value. This is not to be confused with the ...
Within Real Estate, “nuisance” is a term used to describe any disturbance that might affect neighboring houses. Nuisance abatement is the enforcing of policies and codes that ...

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.