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부동산

What Is Land?

2019.03.02 18:52 Views : 377

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
97 CHAPTER 11 2019.03.06 415
96 TEST 10 2019.03.05 510
95 Chapter 10 2019.03.05 559
94 SUMMARY 9 2019.03.05 345
93 TEST 9 2019.03.05 439
92 Chapter 8 Quiz 2019.03.04 450
91 Chapter 8 Conclusion 2019.03.04 536
90 DEED 2019.03.04 325
89 warranty deed 여섯 가지의 covenant 2019.03.04 332
88 Chapter 7 (TEST) 2019.03.04 442
87 Chapter 6 Quiz 2019.03.04 674
86 부동산 용어 (A to Z) 2019.03.03 1890
85 TEST 5 - Correction 2019.03.02 542
84 Chapter 5 Conclusion 2019.03.02 374
83 Condominium Ownership and Time Shares 2019.03.02 381
82 Apartment Ownership - Cooperatives 2019.03.02 410
81 Water Information and Air Rights 2019.03.02 386
80 Water Information and Air Rights 2019.03.02 468
79 Water Rights 2019.03.02 345
78 Eminent Domain and Condemnation 2019.03.02 348
77 Environmental Regulation 2019.03.02 389
76 Zoning Laws and Building Codes 2019.03.02 432
75 Trade Fixtures 2019.03.02 365
74 Fixtures and Appurtenances 2019.03.02 1279
73 Personal vs. Real Property 2019.03.02 340
72 Economic and Physical Characteristics of Land 2019.03.02 1962
71 Rights in Real Estate 2019.03.02 372
» What Is Land? 2019.03.02 377
69 TEST 4 - Correction 2019.03.02 1123
68 Chapter 4 - TEST 2019.03.02 643