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Land and real estate management terms, definitions, and concepts.
Land Terms
One (1) rood is equal to 1/4 (0.25) acre. One (1) rood is equal to 40 square rods. One (1) rood is equal to 2.5 square chains. One (1) rood is equal to 10,890.0 square feet. One (1) rood is equal to 1,210.0square yards. One (1) rood is equal to 0.2959 arpents. One (1) rood is equal to 0.0004 sections or square miles. One (1) rood is equal to 0.00001 townships. One (1) rood is equal to 1,011.7141 square meters. One (1) rood is equal to 0.1012 hectares. One (1) rood is equal to 0.001 square kilometers.
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Live trees of merchantable species that are suitable for harvesting and sawing into lumber according to specific criteria. Generally, sawtimber should be greater than eight inches (8") diameter at breast height (dbh), and should contain at least one (1) sawlog. Merchantable sawlogs are usually a minimum of eight feet (8') in length.
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1. The series of rational steps that leads to the proof (or disproof) of a scientific or research hypothesis. The steps are observation, which leads to the formulation of a hypothesis through abductive reasoning, followed by tests or experiments to determine the validity of the hypothesis (deductive reasoning). The observed result of the experiment is compared to the expected result, and a conclusion is made supporting or contradicting the hypothesis. 2. The scientific method is the process by which scientific facts are discovered, proven, or learned.
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A section is a tract of land approximately one (1) mile square and containing 640 acres, within a township. Sections are used in the government rectangular survey system (U.S. Public Lands Survey). Each section is approximately 1/36th (0.0278) of a township. Irregularities exist due to the curvature of the earth; these irregularities are corrected for in the northern and western tiers of sections in each township. One (1) section is equal to 640 acres, one (1) mile square, one (1) square mile, and 27,878,400 square feet.
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One (1) section of a township is one (1) mile square and has an area of one (1) square mile. One (1) section is equal to 640 acres. One (1) section is equal to 27,878,400 square feet. One (1) section is equal to 2.59 square kilometers. One (1) section is equal to 3,097,600 square yards. One (1) section is equal to 102,399.59 square rods, poles, or perches. One (1) section is equal to 6,399.9744 square chains. One (1) section is equal to 2,560.0 roods. One (1) section is equal to 757.5523 arpents. One (1) section is equal to 0.0278 (1/36th) townships. One (1) section is equal to 2,589,988.1103 square meters. One (1) section is equal to 258.9988 hectares.
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1. A commercial or residential building with a finished exterior facade and landscaping and unfinished interior units, to allow for tenant improvements (TI) and the installation of furniture, fixtures, and equipment (FFE).
"Base shell" and "grey shell" refer to a more or less unfinished interior. "Vanilla shell" refers to a minimally
finished interior, usually with ceilings, lighting, plumbing, heating and cooling (HVAC,), interior walls (painted
or unpainted), electrical outlets, rest rooms, and a concrete floor.
2. The completeness of a building at a specific stage of construction; usually refers to a completely finished exterior and a minimally finished or unfinished interior.
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A lease agreement wherein a tenant leases the unfinished shell of a building, as in a new shopping center, and agrees to complete construction himself by installing ceilings, plumbing, heating and air conditioning systems, and electrical wiring, as well as those trade fixtures necessary for the operation of the business.
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The entire area of an interior space, wall-to-wall and true ceiling to true floor. True ceiling height refers to
the structural basis for an interior space and does not include suspended or "drop" ceilings. Likewise, true floor
refers to the lowest structural unit, either the floor itself or the concrete slab underlying the floor.
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The specific qualification included in the deed used to create an estate in qualified fee determinable. The grantee must ensure that the special limitation is continually met in order to avoid the possibility of reverter, a future interest retained by the grantor of the estate..
For example, Steve sells real property to Ed with the special limitation that it can only be used for a church. If Ed uses the land for anything else, Steve automatically recovers full ownership of his former estate and Ed's estate ends.
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Zoning policies allowing land uses and activities not covered under other zoning classifications. Examples include detention centers and prisons, government buildings, sewer treatment facilities, cemetaries, churches, and landfills. Special zoning is often allowed through special-use permits, also known as conditional-use permits.
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One (1) square chain is equal to 4,356.0 square feet. One (1) square chain is equal to 484.002 square yards. One (1) square chain is equal to 404.687 square meters. One (1) square chain is equal to 16.0 square rods, poles, or perches. One (1) square chain is equal to 0.4 roods. One (1) square chain is equal to 0.1184 arpents. One (1) square chain is equal to 0.1 acres. One (1) square chain is equal to 0.0405 hectares. One (1) square chain is equal to 0.0004 square kilometers. One (1) square chain is equal to 0.0002 square miles or sections. One (1) square chain is equal to 0.000004 townships.
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One (1) square foot is equal to 0.0929 square meters. One (1) square foot is equal to 0.1111 square yards. One (1) square foot is equal to 0.0037 square rods, poles, or perches. One (1) square foot is equal to 0.0002 square chains. One (1) square foot is equal to 0.00002 acres. One (1) foot is equal to 0.000009 hectares. One (1) square foot is equal to 0.00009 roods. One (1) square foot is equal to 0.00003 arpents.
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One (1) square kilometer is equal to 1,000,000 square meters. One (1) square kilometer is equal to 100 hectares. One (1) square kilometer is equal to 0.3861 square miles. One (1) square kilometer is equal to 247.10538 acres. One (1) square kilometer is equal to 10,763,910.42 square feet. One (1) square kilometer is equal to 1,195,990.046 square yards. One (1) square kilometer is equal to 39,536.703 square rods, poles, or perches. One (1) square kilometer is equal to 2,471.044 square chains. One (1) square kilometer is equal to 988.422 roods. One (1) square kilometer is equal to 292.4926 arpents. One (1) kilometer is equal to 0.0107 townships.
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