by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate finance, P.M.I. refers to private mortgage insurance, which is insurance provided by a private company to protect a lender against loss in the event of borrower default. It is commonly required when a borrower makes a smaller down payment and the loan...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate appraisal, plottage increment refers to the increase in value that results from combining two or more smaller, adjacent parcels of land into a single larger parcel under one ownership. The assembled property often has greater utility and development...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate and finance law, a pledge is the delivery of personal property by a debtor to a creditor as security for a debt. The pledged property serves as collateral to ensure repayment of the obligation. If the debtor defaults, the creditor has the right to...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate and land surveying, a plat map is a detailed map that divides a parcel of land into individual lots, blocks, streets, and other designated areas. It is commonly used in the creation of subdivisions. A plat map shows property boundaries, dimensions, and...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate and land records, a plat book is a compilation of plat maps covering a specific geographic area. It contains recorded plats that show the division of land into lots, blocks, streets, and easements. Plat books are commonly maintained by local government...
