Concentric Zone Theory
Land development planning model theorizing that an urban area grows in rings expanding out from the central business district. The second ring is a shifting area having manufacturing and warehousing activity, including some less prominent commercial activity. The third ring has low social economic status housing while the fourth ring has middle-income housing. A fifth ring has new high social economic status housing.
Popular Real Estate Terms
See concrete block. ...
Roof with one side that is at a sloped angle. ...
Property deriving at least 75% of the income from personal residences. ...
Conversion of real property into money. The breaking up and selling of a real estate company for cash distribution to its creditors and then owners. Chapter 7 of the Federal Bankruptcy ...
Real estate broker specializing in the listing and selling of commercial property. This property can include apartments, businesses, hotels, industrial, retail or wholesale uses. ...
Similar to an industrial park an office park is a planned and zoned development site for office buildings. ...
Voluntary giving up of a right of a lien, usually on a temporary basis. The waiver may be explicitly stated or implied. An example is when a lender waives its right of lien against ...
Outline or diagram of a structure or group of structures used for planning purposes. ...
Notion that a buyer should not pay more for a property than it would cost to buy at current prices for land, labor, and appraisals. ...
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