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  2. Land lot - Wikipedia

    en.wikipedia.org/wiki/Land_lot

    Plot structures include a house, private walkways, and at the back - a detached garage with a drive access to the alley and a small area for refuse. In real estate, a Land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner (s). A plot is essentially considered a parcel of real property in some countries or ...

  3. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...

  4. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    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 ...

  5. Texas land survey system - Wikipedia

    en.wikipedia.org/wiki/Texas_land_survey_system

    The Texas Land Survey System is often measured in Spanish Customary Units. The most important of these is the vara, which, while ambiguous in the past, was legally established to be exactly 33 and 1/3 inches long in June 1919. Gold, Kenneth G. (2009). Selected Texas Statutes and Boundary Decisions for Land Surveyors, Land Title Agents and Title ...

  6. Land value tax - Wikipedia

    en.wikipedia.org/wiki/Land_value_tax

    A land value tax ( LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it. [1] It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating . Some economists favor LVT, arguing it does not cause economic inefficiency, and ...

  7. Acronym - Wikipedia

    en.wikipedia.org/wiki/Acronym

    In addition to the use of a specific number replacing that many letters, the more general "x" can be used to replace an unspecified number of letters. Examples include "Crxn" for "crystallization" and the series familiar to physicians for history, diagnosis, and treatment ("hx", "dx", "tx"). Terms relating to a command structure may also ...

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