Humber Real Estate - Course 2, Module 6, Understanding Residential Construction - Structural Components 2023 with complete solution
Humber Real Estate - Course 2, Module 6, Understanding Residential Construction - Structural Components 2023 with complete solution The side of the street that abuts or borders a public street or highway - except for waterfront properties which is considered the side that border the body of water. Define 'Frontage' The distance between the front and the rear lot lines. Define 'Lot Depth' The distance between the two side lot lines. Define 'Lot Width' The overall area of the lot. It can be stated in either square feet, square meters, hectares or acres. Define 'Lot Size' That which is within the setbacks from the lot lines. What is the 'Buildable Area' of a property? - Rectangular lot (most common for residential, frontage is less than the depth) - Square lot (often found in rural areas where overall lot size is larger) - Wide-shallow lot (reduced depth and ample frontage; not common in residential) - Pie-shaped (relatively smaller frontage when compared to the larger read yard area of the lot, with lots of backyard space. Typically found on a cul-de-sac and a garage is often a focal point of the front, so better for privacy.) Reverse pie shape - Wide frontage with smaller backyard. Front appearance of this property needs to be a priority for the buyer. - Corner lot (located at the intersection of 2 roads, additional size and deeper setback requirements on the one side of the property that abuts the road) List and define the most common lot shapes. - Additional costs (i.e. an irregular-shaped lot can impact where buildings can be placed, and extending services such as cable deeper into the house can cost more) - Property direction (view / exposure direction of sunlight) - Property features and topography (trees, hilly terrain, a stream) - Surrounding property uses (proximity to nearby nuisances such as an airport) What are some other major residential lot considerations to be aware of? No. They are only obligated to provide what they already have. Is a seller obligated to provide a new survey to a seller? No, never.
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humber real estate course 2 module 6 understan