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  2. Definitions of highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    Any potential use must be physically possible given the size, shape, topography, and other characteristics of the site. For example, a 40,000-square-foot (3,700 m 2) single story warehouse would not fit on a 10,000-square-foot (930 m 2) site; therefore, that use would fail the physical possibility test.

  3. Floor area - Wikipedia

    en.wikipedia.org/wiki/Floor_area

    In architecture, construction, and real estate, floor area, floor space, or floorspace is the area (measured in square metres or square feet) taken up by a building or part of it. The ways of defining "floor area" depend on what factors of the building should or should not be included, such as external walls, internal walls, corridors, lift ...

  4. Uniform Residential Appraisal Report - Wikipedia

    en.wikipedia.org/wiki/Uniform_Residential...

    A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals.It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".

  5. Floor area ratio - Wikipedia

    en.wikipedia.org/wiki/Floor_area_ratio

    Clarifying Duany's second criticism in reference to "lot coverage": If localities seek to regulate density through floor area ratio, the logical consequence is to encourage expansive one story building with less green space, as single story construction is less expensive than multi-story construction on a per square foot basis.

  6. 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 ...

  7. What is a seller net sheet? - AOL

    www.aol.com/finance/seller-net-sheet-145940582.html

    What is a net sheet in real estate? A net sheet is an itemized tally of all the associated costs and expenses a home seller will incur as a result of the transaction, set against the sum the buyer ...

  8. Uniform Standards of Professional Appraisal Practice

    en.wikipedia.org/wiki/Uniform_Standards_of...

    Uniform Standards of Professional Appraisal Practice (USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories. USPAP, as it is commonly known, was first developed in the 1980s by a ...

  9. Common area - Wikipedia

    en.wikipedia.org/wiki/Common_area

    In commercial real estate in the US, a building's loss factor is the percentage of the building's area shared by tenants or space that are dedicated to the common areas of a building used to calculate the difference between the net (usable) and gross (billable) areas.