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And, surprisingly, one way to beat the heat may involve a unique land protection vehicle known as a conservation easement. While these 8 sustainability trends drive the commercial real estate industry , the importance of a conservation easement cannot be underscored. Here, we explore conservation easements pros and cons.
This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Read all these articles and more in the latest edition HERE. In this test, youll examine zoning and building codes, variances, deed restrictions, building covenants, and easements to assess a range of legal uses for the subject property.
Welcome to the wonderful world of easements. In our example, if Sandy refuses to let Mark pass through, legal intervention may eventually be necessary to enforce his easement - Mark's right to use someone else's land in order to access his own. ” A person who has an easement does not actually own the land.
This comprehensive article delves into the diverse scenarios that necessitate the expertise of appraisers, the various specializations within the field, and the roles appraisers assume, both before and during trial proceedings.
This article aims to shed light on this niche within the appraisal world, offering insights into the types of properties, challenges encountered, and the valuation methodologies used to determine accurate values. Appraisers must analyze each component separately and assess how they interact to determine the overall property value.
If that added lot space is not usable due to zoning, easements, vernal pools or other issues, the lot is not going to hold much value. The real estate article How Does Lot Size Impact Property Value? Unfortunately, that’s not the case and the market may not be willing to do so a few years down the road.
If not, obtain one, specifically covering boundaries to learn if easements or encroachments exist.). Is there a maintenance easement, such as with waterfront properties, that could affect existing or proposed structures? Some questions to answer: Do you have a current survey of the property? (If Are there any deed restrictions?
Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate.
It documents ownership, vesting, and detail regarding anything recorded against the home, such as liens, encroachments, or easements. Easements. If another property owner has access to the property via an easement , it would be recorded on the title report. The title company can pull the original easement agreement for review.
With a PUD, homeowners have an easement and rights to use the common area through their HOA membership. More articles of interest on my other Silicon Valley real estate websites: Silicon Valley home buyer tips Buy a home in Silicon Valley (many pages of content) Relocating to Silicon Valley What is a CID?
” “I have a life long time in agriculture and worked at a title company, giving me a good understanding of legal descriptions and easements.” Also, I have appraised multiple airports and done various easement studies for research.” ” “Background in landscape architecture and real estate sales.”
In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Owners with conservation easements can claim an income tax deduction. Conservation easement appraisals are a definite risk for appraisers. They are not easy to do. We all know this is true.
Problems regarding fence repair, retaining walls or easements can often bring a neighbor into your home sale process. Note: The views and opinions expressed in this article are those of the author and do not necessarily reflect the opinion or position of Zillow. You never know when you'll need them.
Possible Title Issues (Easements, Foreclosure). Related Article: Find out why you should buy land for sale in Ohio in 2022. Floor Space Index or FSI (Amount of Construction Allowed on the Land). Zoning Requirements. Title Deed. Original Land Deed (If Applicable). Encumbrance Certificate. Current Property Taxes. Local Laws and Bylaws.
The canal was owned by the state with an unclear easement for building beyond the rear lot line. My articles discuss how they differ from lender work, the pluses and minuses, and how to market your services. A few of my articles: Should you do non-lender work? Links in article. Columbia, Maryland’s Quirky Street Names.
See the last article in this list for more info on Tidewater. To read more in the full 7-page article with many more ideas, plus 2+ years of previous issues, subscribe to the paid Appraisal Today. To read more, Click Here My comments: This is the only economics article I regularly read. It was and is controversial.
Read this article on how to check CO detectors. My comments : Read this article, especially how to identify and check CO detectors. There may be unrecorded easements or other issues that the appraiser would not and could not discover during the course of the inspection. Killed by Carbon Monoxide: Appraiser Blamed.
I have always been a professional appraiser since I started in 1975, trained at an assessor’s office to do what is in this article. I was first trained as a scientist, starting with my high school biology class. After graduation, I worked in labs for 7 years. I hate the word “industry” when applied to appraisers.
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