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In real estate, a land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner(s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries.
A unit of real estate or immovable property is limited by a legal boundary (sometimes also referred to as a property line, lot line or bounds). The boundary (in Latin: limes ) may appear as a discontinuation in the terrain: a ditch, a bank, a hedge, a wall, or similar, but essentially, a legal boundary is a conceptual entity, a social construct ...
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
The lot and block survey system is a method used in the United States and Canada to locate and identify land, particularly for lots in densely populated metropolitan areas, suburban areas and exurbs. It is sometimes referred to as the recorded plat survey system or the recorded map survey system .
In countries with personal ownership of real property, civil law protects the status of real property in real-estate markets, where estate agents work in the market of buying and selling real estate. Scottish civil law calls real property heritable property, and in French-based law, it is called immobilier ("immovable property").
Location is everything in real estate, which this home has locked down. For starters, the seller ensures that "you will have no problem getting your fit bit steps in each day."
Land agent may be used in at least three different contexts. Traditionally, a land agent was a managerial employee who conducted the business affairs of a large landed estate for a member of the nobility or landed gentry , [ 1 ] supervising the farming of the property by farm labourers and/or tenants and collecting rents or other payments.
Investing in necessity-based real estate is one way to grow your money over time. Commercial real estate has long been touted as a wise investment for adding stability to your portfolio ...