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CENSUS

Credit gives the word to pay either by repaying it or returning those resources later. In other words, this credit is the method of making the reciprocity formal, legally enforceable, and of course, extensible to a vast group of people who are not related.

However, the resources provided may be financial or have goods or services, like consumer credit. The credit covers any form of deferred payment. Credit generally gets extended by the creditor, the debtor or lender, and sometimes the borrower.



Definition

The word census means the act of enumeration of people, houses, and firms of a particular item of a country or a region for a particular span of time. The term is often widely used as the formal tone for population counting, the very reason many countries take census counting as a way to enumerate data for the UN nations. The processes of census counts are expensive, which is why these counts are done at an interval of every five years. During the time when census counts are not done, which is called non-census years are being estimated as the years of population growth. A lot of things are being put into consideration while counting censuses, such as births, deaths, net migration and much more.

Use of Census in Real Estate

It is a fact that the information that is revealed in the information which is collected in the census reveals a lot of information about the data of the households and the property. However, when it comes to the matter of census count in real estate, there are so many things it entails these are.

• The size of the population determines the government areas and the number of total suburbs.

• The number of people who lives in a household.

• The size of the house is one of the essential parts of the census count as it determines the need for a house or a property.

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