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  2. Crawl space - Wikipedia

    en.wikipedia.org/wiki/Crawl_space

    A typical crawl space with a vapor barrier keeping some moisture from coming in from the dirt floor. A crawl space or crawlspace is an unoccupied, unfinished, narrow space within a building, between the ground and the first (or ground) floor.

  3. Real Estate Definitions Every Seller Should Know - AOL

    www.aol.com/news/2010-09-14-terms-every-seller...

    Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...

  4. Real estate - Wikipedia

    en.wikipedia.org/wiki/Real_estate

    Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

  5. Waste (law) - Wikipedia

    en.wikipedia.org/wiki/Waste_(law)

    Ameliorative waste is an improvement to an estate that changes its character even if the change increases the land's value. Under English common law , when ameliorative waste occurs, the interested party can recover from the tenant the cost of restoring the land to its original condition.

  6. Land development - Wikipedia

    en.wikipedia.org/wiki/Land_development

    Real estate development – Process that creates or renovates new or existing spaces; Subdivision (land) – Divided piece of land; Subsurface drainage – A system by which water is drained on; Sustainable agriculture – Farming approach that balances environmental, economic and social factors in the long term

  7. Definitions of highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The Appraisal Institute of Canada defines the term highest and best use as: The reasonably probable and legal use of property, that is physically possible, appropriately supported, and financially feasible, and that results in the highest value.

  8. Real estate development - Wikipedia

    en.wikipedia.org/wiki/Real_estate_development

    Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.

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