Definition: A parcel located at the intersection of two streets, with frontage along both. Its layout can affect access, visibility, setbacks, landscaping, and the usable building area.
Example
A buyer compares a corner home's street exposure and setback requirements with those of an interior lot.
Keep the distinction clear
A corner location does not automatically mean more land or greater value. The survey, local rules, and market evidence determine the practical effect.
Related terms
Interior Lot · Flag Lot · Setback
Keep studying
CMA vs. Appraisal: What Is the Difference?
References: California DRE: real estate glossary
Pronunciation (US): KOR-ner LAHT (capitals show stress)
Pronunciation reference: Merriam-Webster
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