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28 Cards in this Set
- Front
- Back
Air Rights |
The rights to air that passes over a property |
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Annexation |
An additon to property by uniting or joning soething to it |
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Appurtenace |
A right of way, easement, privilage, or improvement permantly attached to land |
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Benchmark |
Fix objects that U.S. Geologicl Survey has to set to indicate the elevation above se level at that location |
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Bundle of Rights |
Bundle relating to real estate ownership wihich inludes use, possesion, control, disposition |
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Chattel |
Personal Property |
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Chattels Real |
Estate in land that are less than freehold which descends under the rules of personal propety |
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Constructive Annexation |
Attachment to property with are not presently installed: custom-fitted storm windows etc. |
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Control |
Ones power to exercise his/her legal freedom to build, renovate, remodel, disassemble, remove or destroy such thing |
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Disposition |
to dispose of is to finally exercise ones power of control over |
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Emblements |
Property that remains with Real Estate as a part of the property but remains the personal property previous owner- ex: Annual Crops |
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Fixtures |
A item of personal property which, through its attachment to Real Estate loses its identity as personal property and becomes real property |
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Government Survey System |
A method of land decription based on pricipal meridians running north and south, and base lines running east and west |
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Improvement |
Any man-made addition to the land including but not limmited to buildings, fences, paving, pipelines, bridges, towers, and landscaping |
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Legal Descrptions |
Used to identify and defend real property boundary lines |
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Littoral Rights |
real properties situated on the shore of lake, sea, or ocean, as distinguished from riparian property which is situated on the banks of rivers oand streams |
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Metes and Bounds |
The deescription of the doundaries of real property using termination points and angular directions |
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Mineral Rights |
Rights to subsurfae land and profits |
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Plat |
A plan or map of real property, reflecting its subdivision into smaller parcels |
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Prior Appropriaiton Doctrine |
Water rights are determined by priority of beneficial use |
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Quiet Enjoyment |
Assurance by the grantor that the grantee will not be disturbed in his possion of the property or be ousted by anyone under a superior title |
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Riparian Right |
The right of a land owner to use the water on, under, or adjacent to his land |
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Realty |
Land improvements thereon |
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Freehold Estate |
One has the bundle of rights and will enjoy freedom from troubles, challenges, or disturbances caused by defect in title |
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Notnfreehold Estates |
The lessor's assurance to the lessee that he/she is guaranteed use, possession, control, and enoment of the leased prmises for the purpose intended, without concern for disturbances caused b defects in title |
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Severance |
The act of detaching something from the land |
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Trade Fixtures |
Personal property used in ones trade or business which is anneed to primises leased by the tenant and removable by the tenant before expiration of the lease |
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Water Rights |
The rights of an owner of land adjoing a stream, which is not navigable, to use the stream to a reasonable extent |