LATEST STORIES

Shadow Pricing

Shadow Pricing

Lurking behind almost every home sale price is a shadow sale price that the market will never discover. This is a key reason why relying on AI for sale price info can be extremely misleading; AI only uses publicly available pricing data. Seller credits, rate buydowns,...

Fake Property Owners

Fake Property Owners

When does the law allow you to treat potentially false claims as legitimate? More often than you'd...

Avigation Easement

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...

Horizontal Improvements

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...

Guaranteed Maximum Price (GMP)

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...

Form-Based Code

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...

Flag Lot

A flag lot is a parcel of land characterized by an irregular shape in which the main buildable portion of the property is set back from the public street and connected to it by a long, narrow access strip. The configuration resembles a flag attached to a pole, with...

Caravanserai

A caravanserai is a historic roadside inn or fortified lodging complex designed to accommodate travelers, merchants, animals, and trade caravans along major overland routes. Originating throughout the Middle East, Central Asia, and North Africa during the medieval...

Through Lot

A through lot is a parcel of land that extends between two parallel or approximately parallel streets, providing frontage and access on both sides of the property. Unlike a standard interior lot, which fronts only one public street, a through lot functions as a...

Key Lot

A key lot is a parcel of land situated behind or adjacent to another lot in a manner that creates an irregular relationship between frontage, access, and orientation within a subdivision or urban block. The term is most commonly used in land planning and subdivision...

Cadastral

A cadastral system relates to the official recording, surveying, mapping, and legal definition of land ownership and property boundaries. The term originates from the concept of a cadastre, which is a comprehensive public register documenting parcels of land,...

Azimuth

An azimuth is a directional measurement used in surveying, navigation, and geospatial mapping to describe the angular relationship between a fixed reference point and a line of travel or boundary. Measured in degrees clockwise from true north, azimuths range from 0°...

HUD

HOUSING & URBAN DEVELOPMENT

HUD

(Department of Housing and Urban Development)

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