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Firefighting is a profession aimed at controlling and extinguishing fire. [ 1] A person who engages in firefighting is known as a firefighter or fireman. [ 2] Firefighters typically undergo a high degree of technical training. [ 2][ 3] This involves structural firefighting and wildland firefighting. Specialized training includes aircraft ...
The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...
Alarm: (1) system for detecting and reporting unusual conditions, such as smoke, fire, flood, loss of air, HAZMAT release, etc.; (2) a specific assignment of multiple fire companies and/or units to a particular incident, usually of fire in nature; (3) centralized dispatch center for interpreting alarms and dispatching resources.
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
The four unities is a concept in the common law of real property that describes conditions that must exist in order to create certain kinds of property interests. . Specifically, these four unities must be met for two or more people to own property as joint tenants with legal right of survivorship, or for a married couple to own property as tenants by
Firefight or fire fight most often refers to: Firefighting, the profession of controlling and extinguishing fires. Shootout or firefight, a combat between armed groups using firearms. Firefight or fire fight may also refer to: Firefight: Modern U.S. and Soviet Small Unit Tactics, a 1976 board game. Fire Fight, a 1996 video game.
Estoppel certificate. An Estoppel Certificate (or Estoppel Letter) is a document commonly used in due diligence in real estate and mortgage activities. It is based on estoppel, the legal principle that prevents or estops someone from claiming a change in the agreement later on. [ 1] It is used in a variety of countries for commercial and ...
Any piece of real estate can be the subject of a Phase I ESA. In the United States, an environmental site assessment is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities. The analysis, often called an ESA, typically addresses both the underlying land as well as physical ...