18:09
no I have no idea lol, im just pessimistic at this point in the cycle
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Simple English definitions for legal terms
front foot
Read a random definition: subscriptor
A quick definition of front foot:
Front foot: A way to measure how much a property is connected to a street or road. It is used to calculate how much money the property owner needs to pay for things like sidewalks or streetlights. It is also called an abutting foot.
A more thorough explanation:
Front Foot
Front foot is a unit of measurement used to calculate the frontage assessment of a property. It is also known as abutting foot.
For example, if a property has a frontage of 50 feet and the front foot rate is $100, then the frontage assessment would be $5,000 (50 feet x $100 per front foot).
Another example would be if a property has a frontage of 75 feet and the front foot rate is $50, then the frontage assessment would be $3,750 (75 feet x $50 per front foot).
The examples illustrate how front foot is used to calculate the frontage assessment of a property. The front foot rate is multiplied by the number of feet of frontage a property has to determine the assessment. This assessment is often used to determine the amount a property owner must pay for public improvements such as sidewalks, streetlights, and road repairs.