Greetings!
It’s August and, as always, the buzz is all about back to school preparations. Teachers, staff and students deserve a shout out for all the hard work they’ve been doing! This month, we are going to do our small part for education and use our newsletter to share some links to local school and district websites and resources for those who are new to the area. And just for fun, we included a short real estate vocabulary lesson. Get ready to learn!
VT Agency of Education - Home

Vermont PBS and the Vermont Agency of Education have partnered to provide educational content to supplement remote learning for Vermont students and school districts during the COVID-19 outbreak.

Read more
education.vermont.gov
AREA SCHOOL DISTRICTS
Serves Lyndon, Burke, Miller's Run, Lunenburg, Sutton, Newark & Concord

Serves Barnet, Cabot, Danville, Peacham, Twinfield, Walden & Waterford

More options for K thru 8th:
HIGHER LEARNING
CONDOMINIUM: 
AN ESTATE IN REAL PROPERTY CONSISTING OF AN INDIVIDUAL INTEREST IN A UNIT AND AN INTEREST IN THE COMMON AREAS OF THE CONDO PROJECT, SUCH AS LAND, PARKING, ELEVATORS, STAIRWAYS AND OTHER AMENITIES 
See these examples:

Ad Valorem – Latin for “according to valuation” usually referring to a type of tax assessment. Real property tax is an ad valorem tax based on the assessed valuation of the property

Capital Improvement – Any structure erected as a permanent improvement to real property: any improvement made to add to the value of a property

Developer – One who attempts to put land to its most profitable use through the construction of improvements, such as commercial condominiums or subdivision projects.

Fee Simple – the maximum possible estate one can possess in real property. The most complete and absolute ownership in land

Joint Tenancy – An estate or unit of interest in real estate that is owned by two or more persons, all owning equal shares

Land Trust – A trust originated by the owner of real property in which real estate is the only asset

Nonconforming Use – a permitted use of real property that was lawfully established and maintained at the time of its original construction but that no longer conforms to the current zoning law.

Plat Map – a map of a town, section, or subdivision indicating the location and boundaries of individual properties

Qualified Buyer - a buyer who has demonstrated the financial capacity and creditworthiness required to afford the offered price.

Subdivision- Land that is divided or proposed to be divided for the purpose of disposition into two or more lots, parcels, units, or interests

Title – the right to or ownership of land; the evidence of right to an estate
*abbreviated definitions from The Language of Real Estate: Eighth Edition by John W Reilly with Marie S. Spodek, CDEI; Dearborn/Kaplan, Inc. LaCrosse, WI
Until Next Time,
Your Local Real Estate Experts
note- Linked content may expire or change at any time. StoneCrest Properties makes no warranties or representations, express or implied about linked websites, the third parties they are owned and operated by, the information contained on them or the suitability or quality of any of their products or services.