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In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street crash of 1929 forcing little development in the state and a land bust. [6]
The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and poor building standards. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. [1]
The plat map is then officially recorded with a government entity such as a city engineer or a recorder of deeds. This plan becomes the legal description of all the lots in the subdivision. A mere reference to the individual lot and the map's place of record is all that is required for a proper legal description.
The creation of a plat map marks an important step in the process of incorporating a town or city according to United States law. Because the process of incorporation sometimes occurred at a courthouse , the incorporation papers for many American cities may be stored hundreds of miles away in another state .
An assessor's parcel number, or APN, is a number assigned to parcels of real property by the tax assessor of a particular jurisdiction for purposes of identification and record-keeping. The assigned number is unique within the particular jurisdiction, and may conform to certain formatting standards that convey basic identifying information such ...
Much of South Florida’s housing market is expected to remain resilient since the legislation was modified, according to a real estate lawyer, consultant and broker interviewed for this story.
[2] [citation needed] In 2019, EDR was acquired by real estate services company LightBox. [3] Over time, Sanborn diversified into other mapping activities, and as of 2020 is a geospatial specialist and holder of electronic GIS assets and systems, though the fire insurance business continues as a niche department. Corporate headquarters are in ...
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