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What Is Land?

2019.03.02 19:52 Views : 963

What Is Land?

Land is more than just the surface of the earth. When you own land, you own from the center of the earth outward to infinity. There can be three separate owners of a piece of land. One could own the subsurface (mineral) rights, one the surface rights, and another the air rights. While we own the rights to our property, the government also has certain rights in our land. For example, one such right is to fly an airplane over our property without asking our permission. Other government rights will be discussed later in this section.

Real Estate includes:

 

  1. Land plus appurtenances, such as the rights, privileges, and improvements that belong to, and pass with, the transfer of property;
  2. Man-made appurtenances, such as houses, fences, barns, and swimming pools - in other words, items that have been "added" to the real estate;
  3. Natural appurtenances are things like trees, creeks, and streams;
  4. Air rights, gas rights, solar rights, light and sound rights, mineral rights, and surface rights. Air, surface and subsurface rights can each be sold or not sold separately ("I will sell you the 'mineral rights' to my land."); and
  5. Water rights, such as littoral and riparian rights, and prior appropriation.
No. Subject Date Views
» What Is Land? 2019.03.02 963
69 TEST 4 - Correction 2019.03.02 1556
68 Chapter 4 - TEST 2019.03.02 1206
67 Chapter 3 TEST (2nd) 2019.03.02 1214
66 Chapter 3 TEST 2019.03.02 1169
65 Exam Essentials 2019.03.01 1100
64 Chapter 2 Test 2019.03.01 1131
63 Chapter 2 Conclusion 2019.03.01 1119
62 Elective Broker Courses 2019.02.28 962
61 Mandatory Broker Courses 2019.02.28 907
60 Original Real Estate Broker License 2019.02.28 910
59 Educational Requirements for Salesperson Applicants 2019.02.28 899
58 Original Salesperson License Requirements 2019.02.28 1105
57 Original Salesperson License 2019.02.28 1227
56 Acting Without a License 2019.02.28 1152
55 Exemptions from License Requirements 2019.02.28 1214
54 Managers and Employees Exempt From Licensing Law 2019.02.28 903
53 When a Real Estate License is Required 2019.02.28 921
52 Additional Commissioner Facts 2019.02.28 889
51 Commissioner's Specific Responsibilities 2019.02.28 905
50 The California Real Estate Commissioner 2019.02.28 1068
49 The California Department of Real Estate 2019.02.28 1170
48 Chapter(2) Overview 2019.02.28 1126
47 Quiz (1) 2019.02.28 1149
46 CHAPTER 1 file 2019.02.27 1131
45 Internet Advertising Regulations & DRE's Regulations 2019.02.27 2199
44 The California Department of Real Estate 2019.02.27 908
43 Real Estate License Laws and the Real Estate Commission 2019.02.27 1181
42 Course Outline 2019.02.27 1091
41 Course Objectives 2019.02.27 1113