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Definition Of Baseline:

1. General: Clearly defined starting point (point of departure) from where implementation begins, improvement is judged, or comparison is made.
2. Contracting: Basic proposal submitted in response to a request for proposals (RFP). See also acquisition program baseline, contract budget baseline, and performance measurement baseline. 3. Surveying: Surveyed line (running east and west; the longitudes or meridians run north and south) from which the location of a building, geographical feature, or territorial and maritime zones, etc., are measured and referenced. Also called latitude.

Other Definition Of Real Estate Terms:

Beneficial Occupancy
Beneficial Owner
Betterment
Binder
Block
Blockbusting

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