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What is a land lot in real estate?
What does lot mean?
What is a lot line in real estate?
What is a single lot in real estate?
Dec 27, 2019 · It describes the size and shape of the piece of land. The term is used in real estate transactions to help buyers understand the property they are buying. The location of a lot line is set by land surveyors using surveying equipment as well as existing land records to determine lot lines.
In real estate, a Land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner (s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries.
The meaning of LOT is an object used as a counter in determining a question by chance. How to use lot in a sentence. Synonym Discussion of Lot.
A lot is a plot of land. When you buy a house, you also buy the lot on which it sits. If there's an empty lot in your neighborhood, it means there's a space covered with grass or pavement that's large enough for a house or building to fit there. Another kind of lot is a set or group of items.
LOT meaning: 1 : a small piece of land that is or could be used for building something or for some other purpose; 2 : the buildings and land that are owned by a company that makes movies and television programs
Mar 2, 2018 · A written agreement conveying real property (land) from one person to another, or transferring title, in exchange for a specified term called the consideration. There are several different types of deeds including: Deed of Gift - A deed transferring real or personal property for something other than the normal consideration. Examples include a ...
May 13, 2024 · Real property is a parcel of land and structures that are permanently attached to the land. The owner of real property has all the rights of ownership, including the right...