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Real Estate Definition - net acre

net acre - that portion of an acre from which economic benefit can be derived directly. A net acre is usually a remaining area expressed in acres after the dedication of land for public use (streets, sidewalks, utilities, schools, fire stations, etc.), or the reservation of common areas such as a condominium complex's tennis courts, swimming pools, clubhouses, etc., are established, on which housing or commercial structures may be built. See also acre.



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