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F

FRONT FOOT

Property measurement by the front foot on its street line or waterfront line with each front foot extending the depth of the lot.

FRUCTUS - Civil Law Term

The ownership right regarding the fruits or incomes from Louisiana real estate.

FULL, COMPLETE AND PERFECT OWNERSHIP - Civil Law Term

Refers to the owner's unrestricted power to dispose of the property. Similar to fee simple ownership in Common Law.

FUNCTIONAL OBSOLESCENCE

Lack of desirability in terms of layout, style and design as compared with that of a new property serving the same function.


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