Plottage Increment

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...

Pledge

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...

Plat Map

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...

Plat Book

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...

Plat

In real estate and land surveying, a plat is a map of land prepared by a surveyor that shows the boundaries of a parcel or subdivision. It typically illustrates lot lines, dimensions, easements, streets, and other relevant features. A plat may also depict buildings...

Planning Commission

In real estate and land use regulation, a planning commission is an agency of local government responsible for guiding the development, redevelopment, and preservation of land within its jurisdiction. It plays a central role in shaping community growth and land use...