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  2. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    For example, house A in an area zoned for residential use may have a highest and best use as vacant and a highest and best use as improved that are both residential. A similar house B in a commercially zoned area may have a highest and best use as vacant as development to a commercial development, and the highest and best use as improved may be ...

  3. Betterment - Wikipedia

    en.wikipedia.org/wiki/Betterment

    When, for instance, a property is rezoned for higher-value uses, or nearby public improvements raise the value of a piece of private land, a property owner is "bettered" due to the actions of others. Because of this, capturing the value of betterment for the public through taxation or other means is a common policy approach.

  4. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    In an apportioned land tax, each state would have its own rate of taxation sufficient to raise its pro-rata share of the total revenue to be financed by a land tax. So, for example, if State A has 5% of the population, the State A would collect and remit to the federal government such tax revenue that equals 5% of the revenue sought.

  5. Just compensation - Wikipedia

    en.wikipedia.org/wiki/Just_compensation

    Market value is the prevailing, but not exclusive measure of determining the just compensation owed to a landowner under the Fifth Amendment. Fair Market Value is defined by appraisers as the most probable price, in terms of cash that would be paid by a willing buyer to a willing seller, each being fully informed of the property's good and bad features, with the property being exposed on the ...

  6. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    For example, this can occur when a merger or acquisition happens at a price which is higher than the value represented by the price of the underlying stock. The usual explanation for these types of mergers and acquisitions is that "the sum is greater than its parts", since full ownership of a company provides full control of it. This is ...

  7. Land registration - Wikipedia

    en.wikipedia.org/wiki/Land_registration

    Land registration is a matter for individual states in the USA. Thus each state will define the officials, authorities, and their functions and duties with respect to the ownership of land within that state, as is more fully described in the specified main article.

  8. How to buy land: A step-by-step guide - AOL

    www.aol.com/finance/buy-land-step-step-guide...

    Lenders consider vacant land a riskier investment than a house that’s already built, and they charge more to finance it as a result. For this reason, paying cash if you can is a good strategy ...

  9. Index of real estate articles - Wikipedia

    en.wikipedia.org/wiki/Index_of_real_estate_articles

    Balance; Balloon mortgage; Bargain-and-sale deed; Baseline – a line that is a base for measurement or construction, lines that divide north/south or east/west in surveying ...