by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and land development, a subdivision is the division of a single parcel of land into smaller parcels or lots. This process is typically carried out by preparing and filing a map that shows the proposed division. Creating a subdivision requires approval...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and construction, a subcontractor is a contractor who performs specialized work under a general contractor. Subcontractors are typically responsible for specific trades such as electrical, plumbing, cement, or other skilled services. The subcontractor’s...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and agency law, a subagent is a person to whom an agent has delegated authority, with the permission of the principal. The subagent’s powers are not granted directly by the principal, but flow through the original agent. A subagent owes fiduciary duties...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate appraisal and investment analysis, straight line depreciation is a method of allocating the cost of an income producing property evenly over its economic life. Each year, the same fixed amount of value is deducted to reflect the gradual loss in...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate leasing, a straight lease is a lease agreement that requires the tenant to pay the same amount of rent at regular intervals throughout the entire lease term. The rent remains fixed and does not change over the duration of the lease. Straight leases...
