The voluntary surrender or relinquishment of possession of real property with the intention of terminating one's possession or interest, but without vesting this interest in any other person

A reduction or decrease in amount, degree, intensity or worth

Allowing a bidders to participate in the bidding process without being physically present. Where a bidder submits an offer on an item prior to the auction. Absentee bids are usually handled under an established set of auction terms, rules and procedures established by the auctioneer. These particular rules and procedures may be unique to each property at auction

An auction where the property is sold to the highest bidder with no limits, conditions, amount or reserves. The seller however, may not bid personally or through an agent, or anyone acting on behalf of the seller. An absolute auction presents the greatest opportunity for the buyer.

An estimate of the rate at which a particular classification of space, such as new office space, new housing, new condominium units and the like, will be sold or occupied each year

A concise, summarized history of the title to a specific parcel of real property, together with a statement of all liens and encumbrances affecting the property. The abstract of title does not guarantee or assure the validity of the title of the property. It merely discloses those items about the property which are of public record, and thus does not reveal such things as encroachments, forgeries, and the like.

Method of estimating the value of property uses similar properties available in the same market to extract the value of a parcel of land.

A method of calculating the depreciation of certain property (that property which is used in a trade or business, or which is held for the production of income) at a faster rate than would be achieved from using the straight line method of depreciation

A clause in a promissory note, agreement of sale, or mortgage which gives the lender the right to call all sums due and payable in advance of the fixed payment date upon the occurrence of a specified event, such as a sale, default, assignment or further encumbrance of the property

The expression of the intention of the person receiving an offer (offeree, usually the seller) to be bound by the terms of the offer

A general or specific right of ingress and egress to a particular property

One of the two types of codes used to uniquely identify a land patent (the other type of ID code is serial number). An accession number directly relates a document image to the original hardcopy document. It identifies the state, volume number and page number of the original GLO document (valid only for the 13 eastern public domain states, with the exception of Iowa).The format of accession numbers is SSVVVV__.PPP where SS is state code, VVVV is the volume number, and PPP is the page number. For example, LA3010__.023 identifies the document on the 23rd page of volume 301 for Louisiana.See also Accession/Serial Number.

Building separate from the main structure on a property. Often used for a specific purpose, such as a workshop, storage shed or garage.

1. The gradual and natural growth of land resulting from forces of nature, as in sediment deposition by a river or stream.
2. The incremental augmentation or accrual of something, such as interest on an investment.

That which has accumulated over a period of time such as accrued depreciation, accrued interest or accrued expenses.

A formal declaration made before a duly authorized officer, usually a Notary Public, by a person who has signed a document.

Area measurement (square measure) used primarily in the United States. One (1) acre is equal to 43,560 square feet, 4,046.86 square meters, or 0.4047 hectares.

One (1) acre equals 43,560 square feet.
One (1) acre equals 0.4047 hectares.
One (1) acre equals 10 square chains.
One (1) acre equals 160 square rods.
One (1) acre equals 160 square poles.
One (1) acre equals 160 square perches.
One (1) acre equals 4,840 square yards.
One (1) acre equals 4,046.856 square meters.
One (1) acre equals 0.0016 square miles.
One (1) acre equals 0.0016 sections.
One (1) acre equals 0.004 square kilometers.
One (1) acre equals 0.0000434 townships.
One (1) acre equals 1.183676 arpents.
One (1) acre equals 4.0 roods.

A unit of water volume measurement; the amount of water that would cover one acre of land to a depth of one foot.

With respect to agricultural commodity policies, acreage limitation generally refers to production controls on the amount of land that can be planted with a particular crop. This often refers to planting restrictions under an acreage reduction program, set-aside, or paid land diversion.

Administered by the Arizona Department of Water Resources (ADWR), the state's Active Management Areas (AMA's) were established to provide long-term management and conservation of limited groundwater supplies. The five (5) AMA's - Prescott, Phoenix, Pinal, Tucson, and Santa Cruz - cover the majority of Arizona's agricultural land and urban population centers that exist where groundwater supplies are extremely limited. Rules governing water use and land development in AMA's are generally more stringent and focused on conservation of water resources in than elsewhere in the state. Applications for new development and subdivisions are managed by ADWR's Office of Assured and Adequate Water Supply under the Assured Water Supply Program.

The amount of time that has passed since a building or other structure was built.

Harmful biological effects that occur following a single or multiple rapid exposures to or doses of a noxious compound or substance

Latin for according to valuation usually referring to a type of tax or assessment

A supplement to any document that contains additional information pertinent to the subject.