Wet Funding

Wet funding is a method of real estate loan closing in which all loan documents are signed, funds are disbursed, and the transaction is completed on the same day. Under this process, the lender provides the loan proceeds immediately after the borrower executes the...

Unparsed Address

An unparsed address is a real estate data field that contains a property’s complete address in a single text string rather than separating its individual components into distinct fields. The unparsed address typically includes elements such as the street number,...

Zoning

In real estate and land use regulation, zoning is the division of a city or county into designated areas or districts by legislative action. These regulations specify the types of uses that are permitted for real property within each area. Zoning ordinances typically...

Zone (zoning, land use)

In real estate and land use regulation, a zone is a designated area established by local authorities for a specific type of use, such as residential, commercial, or industrial. Zoning divides a community into districts to promote orderly development. Each zone is...

Zero Lot Line

In real estate and land use planning, a zero lot line refers to the construction of a building directly on one or more of the property’s boundary lines. This design eliminates the typical setback requirement on that side of the lot. Zero lot line construction is...

Yield

In real estate investment analysis, yield is the ratio of income generated by an investment to the total cost of that investment over a specified period of time. It measures the return produced in relation to the amount invested. Yield is commonly expressed as a...