LATEST STORIES
Unreasonable Pricing
I'm always fascinated by the drama of competitive listings between neighbors. For example, there's a townhouse near me for sale for $950,000, and I wish them all the luck in the world because their neighbor just tossed their identical unit onto the market for...
Ghost Disclosure: Legally Required
Though it sounds wild, a state supreme court officially ruled in 1989 that a house was haunted....
When Your Client is Not The Boss
Who are you supposed to be as an agent in a real estate transaction? This question is more...
Extralateral Rights
Extralateral Rights are the rights of a lode mining claim owner to follow a mineral vein downward beyond the side boundaries of their claim, even when the vein passes underneath a neighbor’s land. The right depends on the vein’s apex, its highest point or the place...
Intralimital Rights
Intralimital Rights are the rights of a mining claim owner to all the minerals found inside the boundaries of their claim, extending straight down beneath the surface. In other words, if you imagine the claim’s boundary lines on the ground being pushed vertically down...
Astronomic Meridian
Astronomic Meridian is a north-south line used in surveying that points to “true north,” found by observing the stars or the sun rather than by using a compass. To find it, surveyors traditionally sighted the North Star (Polaris) or the sun at a precisely recorded...
Allocation by Abstraction
Allocation by Abstraction is a method used in real property appraisal for estimating the value of land on a parcel that has been improved with buildings or other structures, particularly where sales of comparable vacant land are scarce. It combines two related...
Arpent
Arpent (from Old French, ultimately from Gaulish arepennis) is a pre-metric French unit of both length and area, historically used in land surveying throughout France and its North American colonies, including Quebec, Louisiana, and the Mississippi and Missouri river...
Witness Tree/Line Tree (Real Estate)
A witness tree (also known as a line tree) is a living tree located directly on a property boundary line that has been marked by a surveyor to identify the location of that boundary. Historically, surveyors used trees as natural landmarks when establishing property...
Vara (Real Estate):
If you live in the Southwestern United States and you work in real estate, you may encounter the term "vara" surprisingly frequently. A vara is a historical unit of length used in land surveying and property descriptions, particularly in areas of the United States...
Gore (Real Estate)
A gore sounds rather violent, but in property surveying, it's nothing to be afraid of. A gore is a narrow, irregularly shaped piece of land, often triangular, that lies between two adjoining properties or parcels. Gores typically result from surveying errors,...
Georgia Real Estate CE Guide
Renewing a Georgia real estate license isn't extremely complicated, as long as you pay careful attention to the deadlines. Georgia real estate licensees must complete 36 hours of continuing education (CE) every four years to renew an active license. All licensees,...
Objectively Ascertainable Compensation (real estate contracts)
Objectively ascertainable compensation means a payment amount that may not be known yet, but you know exactly how it will be calculated. For example, a 5% commission on next month's sales is an amount that will be objectively determined, even though the exact amount...
HUD
HOUSING & URBAN DEVELOPMENT
HUD
(Department of Housing and Urban Development)
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