Real Estate Dictionary

Online Dictionary for Real Estate Terminology

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Real Estate Terms Starting with

House

a dwelling that serves as living quarters for one or more families; generally a home, shelter, building or structure that is a dwelling or place for habitation by human beings;

Declination

The difference between magnetic north and geographic (true) north. Surveyors used a compass to determine the direction of survey lines. Compasses point to magnetic north, rather than true north. This declination error is measured in degrees, and can range from a few degrees to ten degrees or more. Surveyors may have been instructed to correct […]

First Station

See Point of Beginning

Gore

A thin triangular piece of land, the boundaries of which are defined by surveys of adjacent properties. Loosely, an overlap or gap between properties.

Landmark

A survey mark made on a ‘permanent’ feature of the land such as a tree, pile of stones, etc.

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