Irrigation System
An agricultural technique of supplying water to land to sustain the growth of crops. Developing irrigation system is an ancient practice being used as early as 500 BC along the banks of such regularly flooding rivers as the Nile, by digging channels to extend the area covered by the flood. Water distribution systems are of two broad types: surface and closed-conduit distribution system. In surface irrigation system, the entire land surface may be covered with water, or the water may be restricted to small ditches called furrows or rills. Closed-conduit irrigation systems use pipes to distribute water over wide areas or to the ground area around each plant. The major problems of irrigation system are increases in salinity as the water table begins to rise in areas not having good drainage. Naturally occurring salt can concentrate in irrigated fields eventually presenting a threat to the plants being cultivated.
Popular Real Estate Terms
Real estate property incentive offered for reasons other than individual merit. A discriminatory inducement is an effort to get an individual to buy or sell, rent, or lease real estate ...
Also called a title defect. Any claim, lien, or encumbrance which, if valid, may impair the owners title to the property. This cloud does not hinder transfer of ownership on the property, ...
(1) Methods that involve discounting the future cash flows generated by an income property. These techniques are used primarily for valuation. (2) Methods of selecting and ranking ...
A Homeowner’s Association (HOA) is an organized group of homeowners in a home subdivision, condominium, or cooperative complex. They come together and found a Homeowner’s ...
The apportioning, disbursing, dividing, offering, or parceling out of property among individuals. (1) Probate: Court order to divide up and distribute the contents of an estate after the ...
Also called demand note. A loan with no established maturity period, callable on demand by the lender for repayment. The interest on this type of loan is calculated on a daily basis and ...
Also called interim financing. A mortgage that provides the funds necessary for the building or construction of a real estate project. The project can be a residential subdivision, a ...
Simply put, probate is a legal proceeding whereby the will of a deceased is tested for validity. The definition of probate is not known to most Americans. According to a Gallup survey, ...
An increase in the price or market value of real estate. ...
Have a question or comment?
We're here to help.