Standard Metropolitan Statistical Area (SMSA)
Definition of "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
Mortgage placed on a property after a previous mortgage. It can be a second, third, etc. mortgage. A junior mortgage is subordinate to the terms of a previous mortgage. Junior mortgages ...
Amount required to payoff the full balance of the mortgage today. The amount equals the principal balance plus any prepayment penalty. ...
Allocating common or central costs to each unit of property. An example is assigning to each owner of an apartment based on the number of rooms occupied the cost incurred by the landlord to ...
A backfill defines the act of replacing a vacant lot. People use a backfill as a replacement for an unoccupied position. Backfill in construction and archaeology! The most common ...
Claim by a real estate broker that his or her actions were the principal cause of the completion of a property sale between two parties. A successful procuring cause claim would entitle a ...
Natural resource, such as oil, coal, and timber, having a limited useful life and subject to depletion. Such assets decrease in worth primarily due to the extraction of the valued commodity ...
The rate at which a market can absorb additional units of supply without causing market saturation and severe price distortions. For example, during a recessionary period, many homeowners ...
A broad definition of termite clause is a provision in a contract for the sale of real property that gives the purchaser the right, at his or her expense, to have the property inspected for ...
The definition of a rambler house is quite simple in nowadays circumstances as any one-story home or ranch is also referred to as a rambler. The typical rambler house, however, has some ...
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.