by Ethan Atkinson | May 28, 2026 | F-J, PropertyPedia
FAR stands for Floor Area Ratio (sometimes called FSI, or Floor Space Index). This ratio tells you how much you’re allowed to build on a parcel of land; it’s a ratio that compares the total floor space in a building to the size of the plot it sits on. It’s pretty...
by Ethan Atkinson | May 28, 2026 | A-E, PropertyPedia
In a condominium, the difference between deeded parking and assigned parking is significant. A deeded parking space is primarily under the control of the unit owner, while an assigned parking space is under control of the homeowners’ association. If parking is...
by Ethan Atkinson | May 19, 2026 | A-E, PropertyPedia
An avigation easement is a legal property right granting aircraft the ability to pass through the airspace above a parcel of land, typically in proximity to airports, airfields, or designated flight corridors. This type of easement allows aircraft operations that may...
by Ethan Atkinson | May 19, 2026 | F-J, PropertyPedia
Horizontal improvements are the physical infrastructure components installed on a parcel of land to prepare it for development and occupancy prior to vertical construction. Unlike vertical improvements, which refer to buildings and above-ground structures, horizontal...
by Ethan Atkinson | May 19, 2026 | F-J, PropertyPedia
A Guaranteed Maximum Price (GMP) is a construction contract arrangement in which a contractor agrees to complete a project for a price that will not exceed a specified maximum amount, except in cases involving approved scope changes or unforeseen conditions defined...
by Ethan Atkinson | May 19, 2026 | F-J, PropertyPedia
A form-based code is a land development regulation system that emphasizes the physical form, design, and spatial relationship of buildings and public spaces rather than strictly separating land uses through conventional zoning categories. Unlike traditional zoning...
