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| PROPERTY LINE
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Official dividing line between two properties. Legal boundary of property. |
| PROPERTY MANAGEMENT
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The operation of property as a business, including rental, rent collection, maintenance, etc. |
| PROPERTY REPORT
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Required by the Interstate Lane Sale Act for the sale of subdivisions of 50 lots or more, if the subdivision are not otherwise exempt. Filed with HUD's Office of Interstate Land Sales Registration (OILSR). |
| PROPERTY RESIDENTIAL TECHNIQUE
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In appraisal, a method for estimating the value of property based on estimated future income and the reversionary value of the building and land. |
| PROPERTY TAX
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Taxes paid on privately owned properties and are based on local tax rates and assessed property values. |
| PROPERTY TAX DEDUCTION
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U.S. tax code allowing homeowners to deduct the amount they have paid in property taxes. |
| PROPERTY UNDER CONTRACT
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Real estate being offered for sale that has received a contract for sale but has not gone to a closing. |
| PROPERTY VALUE
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Value of a piece of property based on the amount a buyer will pay at any g given time. |
| PROPORTIONAL
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(1) The comparative relation between things with respect to size, amount, degree, etc. (2) To be in proper harmony and balance. |
| PROPORTIONALITY
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Comparing properties in terms of some measure(s) such as dimensions and dollar value. Alternately, percentage relationship of a specific part of property to the whole property. |
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