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부동산

What Is Land?

2019.03.02 18:52 Views : 408

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 2019.03.06 468
96 TEST 10 2019.03.05 549
95 Chapter 10 2019.03.05 582
94 SUMMARY 9 2019.03.05 377
93 TEST 9 2019.03.05 479
92 Chapter 8 Quiz 2019.03.04 491
91 Chapter 8 Conclusion 2019.03.04 568
90 DEED 2019.03.04 351
89 warranty deed 여섯 가지의 covenant 2019.03.04 365
88 Chapter 7 (TEST) 2019.03.04 468
87 Chapter 6 Quiz 2019.03.04 688
86 부동산 용어 (A to Z) 2019.03.03 1924
85 TEST 5 - Correction 2019.03.02 576
84 Chapter 5 Conclusion 2019.03.02 404
83 Condominium Ownership and Time Shares 2019.03.02 407
82 Apartment Ownership - Cooperatives 2019.03.02 445
81 Water Information and Air Rights 2019.03.02 417
80 Water Information and Air Rights 2019.03.02 499
79 Water Rights 2019.03.02 374
78 Eminent Domain and Condemnation 2019.03.02 371
77 Environmental Regulation 2019.03.02 417
76 Zoning Laws and Building Codes 2019.03.02 467
75 Trade Fixtures 2019.03.02 395
74 Fixtures and Appurtenances 2019.03.02 1306
73 Personal vs. Real Property 2019.03.02 371
72 Economic and Physical Characteristics of Land 2019.03.02 1995
71 Rights in Real Estate 2019.03.02 407
» What Is Land? 2019.03.02 408
69 TEST 4 - Correction 2019.03.02 1153
68 Chapter 4 - TEST 2019.03.02 663