The valve inside a toilet tank that controls the filling of the tank.

American Mortgage Service Co Any piece of property that is expected to generate a financial return. Most often used to describe desirable neighborhood features like parks. The pipe that water moves through to reach the ground from the rain gutter. The percentage of properties in a given area that are occupied. The span of time over which a property can be used or can provide benefits to its owner. The legal right to exploit and enjoy the benefits of any minerals located below the surface of a parcel of land.

The decline in property value caused by external forces, such as neighborhood blight or adverse development. Any property which is substantially similar to another property. An amount retained by a third party in a trust to meet a future obligation. The state in which a borrow has failed to meet payment obligations on time. The natural rise in property value due to market forces.

These might include natural amenities such as location or proximity to mountains, or man-made amenities like swimming pools, parks or other recreation. Often used in the payment of annual taxes or insurance for real property. An estimation of value created by a professional, certified appraiser with no vested interest in the value of the property. Any item added to vacant land with the intent of increasing its value or usability.