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2. Highest and best use - Wikipedia

   en.wikipedia.org/wiki/Highest_and_best_use

   Highest and best use (or highest or best use; HBU) is a concept in real estate appraisal that originated with early economists such as Irving Fisher, who conceptualized the idea of maximum productivity. [1]

3. American Measurement Standard - Wikipedia

   en.wikipedia.org/wiki/American_Measurement_Standard

   The methodology of the American Measurement Standard was compiled and edited by a consensus of real estate professionals including real estate agents, appraisers, assessors, home builders and architects, and is based on the exterior dimensions of a dwelling. The AMS contains over three times more specific home measurement details than any other ...

4. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...

5. Real estate license - Wikipedia

   en.wikipedia.org/wiki/Real_estate_license

   A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many other countries.

6. Floor area ratio - Wikipedia

   en.wikipedia.org/wiki/Floor_area_ratio

   Thus, many jurisdictions have found it unnecessary to include hard height limitations when using floor area ratio calculations. [ citation needed ] Common exclusions to the total calculation of square footage for the purpose of floor area ratio (FAR) include unoccupied areas such as mechanical equipment floors, basements exclusively used for ...

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