Improvement inadequate to
support the highest/best use of the site. May be a structure of lower cost,
smaller size, or lesser quality than those typical of the neighborhood.
UNDERUTILIZED The characteristics of
underutilized project lands are: (1) Development of only a small amount of
total land;Development behind schedule;Failure to meet annual management
objectives;Low or declining public use;Unused recreation facilities.
INFLUENCE Taking any fraudulent or
unfair advantage of another's weakness in mind, distress, or necessity.
USURY On a loan, claiming a rate of interest greater
than that permitted by law.
UTILITY The usefulness of a property; its ability to
satisfactorily function for the purpose for which it was intended.
INSPECTION An inspection of
project lands buildings, and related facilities to determine if the property is
being put to optimum use.
PREMISES Property from which all
military personnel and missions have been vacated.
VALID Having force, or binding force; legally
sufficient and authorized by law.
VALUATION The act or process of estimating value;
the amount of estimated value.
VALUE Ability to command goods, including money, in
exchange; the quantity of goods, including money, which should be commanded or
received in exchange for the thing valued; utility; desirability.
VARA A Spanish, Portuguese, and Latin American
unit of linear measure, varying from 32 to 43 inches. Also a square vara, as a
unit of area.
VENDEE A purchaser; a buyer; the person
to whom a thing is rendered or sold.
VENDOR The person who transfers Property
VOID That which is unenforceable; having no
force or effect.
VOIDABLE That which is capable of being
adjudged void but is not void unless action is taken to make it so.
LIEN Any lien placed upon
property with consent of, or as a result of, the voluntary act of the owner.
WAIVER The renunciation, abandonment, or
surrender of a right, claim, or privilege.
DEED A deed that contains a
covenant that the grantor will protect the grantee against any claimant.
WASTE Willful destruction of any part of the ;and
which would injure or prejudice the landlord's reversionary right.
WATERLINE High waterline is the point on the shore
to which the tide normally rises; varies. Low waterline is the lowest point of
tide, from which the tide does not ebb; varies.
WETLANDS Land areas that are inundated by
surface or ground water with sufficient frequency to support vegetable or
animal life that requires hydric soils for growth and reproduction.
MANAGEMENT Application of
scientific and technical principles to wildlife populations and habitats so as
to maintain such populations for ecological, scientific, or recreational
LANDS (withdrawn public lands) Public
domain held back for the use or benefit of an agency by reservation,
withdrawal, or other restrictions for a special government purpose.
X & Y
ZONING The public regulation, through
police power, of the character and extent of real estate use. Uniform
restrictions on improvements, building height, density of population, and other
factors regulate the use and development of private property.