What does the term 'perimeter' refer to in real estate?

Study for the 75 Hour Broker Pre Licensing Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The term 'perimeter' in real estate refers specifically to the length of an area's outer boundary. This measurement encompasses all sides of the property, forming a closed shape that defines the extent of the land within that boundary. Understanding perimeter is important in real estate as it helps determine property size and can influence land development and zoning considerations.

For example, knowing the perimeter can assist in calculating fencing requirements, landscaping needs, and potential site plans. The other options relate to different aspects of property measurement. The total area of a property pertains to the space contained within the perimeter, while the height of a boundary structure might refer to physical features like fences or walls, and the distance between property lines indicates separation between adjacent properties rather than the property’s own outer boundary.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy