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Firewall residential construction, separating the building into two separate residential units, and fire areas Example of a firewall used to inhibit the spread of a fire at an electrical substation. A firewall is a fire-resistant barrier used to prevent the spread of fire. Firewalls are built between or through buildings, structures, or ...
When it comes to selling a home there's a lot to know beyond staging and setting a reasonable list price. As with any industry, there are real estate definitions (homestead, quit-claim) and a set ...
The definitions of these terms do not specify the physical relationship between the two dwelling units in the building. In cities such as Buffalo, Detroit and Chicago, the term "two-flat" is used and defines as a "residential building that contains 2 dwelling units located on a single lot. The dwelling units must share a common wall or common ...
Home construction or residential construction is the process of constructing a house, apartment building, or similar residential building [1] generally referred to as a 'home' when giving consideration to the people who might now or someday reside there. Beginning with simple pre-historic shelters, home construction techniques have evolved to ...
Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate. [17]
Property technology encompasses any application of digital technology or platform economics in the real estate industry. Some examples of property technology include property management using digital dashboards, smart home technology, research and analytics, listing services/tech-enabled brokerages, mobile applications, residential and commercial lending, 3D-modeling for online portals ...
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
A residential cluster development, or open space development, is the grouping of residential properties on a development site to use the extra land as open space, recreation or agriculture. It is increasingly becoming popular in subdivision development because it allows the developer to spend much less on land and obtain much the same price per ...