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Chapter 2 Review (4)

2019.05.04 21:24 Views : 158

Chapter Review

Bundle of rights associated with owning real property include:

  • Right of possession
  • Right to use
  • Right to transfer
  • Right to encumber
  • Right to exclude

Surface rights apply to the real estate contained within the surface boundaries of the parcel. This includes the ground, all natural things affixed to the ground, and all improvements.

Water rights basically concern the rights to own and use water found in lakes, streams, rivers, and the ocean.

Littoral rights concern properties abutting bodies of water that are not moving, such as lakes and seas. Owners of properties abutting a navigable, non-moving body of water enjoy the littoral right of use, but do not own the water or the land beneath the water. Littoral rights attach to the property. When the property is sold, the littoral rights transfer with the property to the new owner. 

Riparian rights concern properties abutting moving water, such as streams and rivers. If a property abuts a stream or river, the owner's riparian rights are determined by whether the water is navigable or not navigable. Navigable and non-navigable waterways must be determined by an official source.

California has a complex system regulating the use of water. Rights to water are based upon the right to use water and not upon ownership of water.

No. Subject Date Views
242 Real Estate Law 9 2019.05.05 146
241 Real Estate Law 8 2019.05.05 155
240 Real Estate Law 7 2019.05.05 162
239 Quiz Law 2 2019.05.04 5706
238 Chapter 2 Review (5) file 2019.05.04 214
» Chapter 2 Review (4) 2019.05.04 158
236 Chapter 2 Review (3) 2019.05.04 203
235 Chapter 2 Review (2) 2019.05.04 210
234 Chapter 2 Review 2019.05.04 174
233 Real Estate Law 6 2019.05.04 194
232 Real Estate Law 5 2019.05.04 163
231 Real Estate Law 4 2019.05.04 368
230 Real Estate Law 3 2019.05.04 230
229 Real Estate Law 2 2019.05.04 623
228 Real Estate Law 1 2019.05.03 204
227 Quiz Law 1 2019.05.03 5957
226 Law 6 2019.05.03 148
225 Law 5 2019.05.03 132
224 Law 4 2019.05.03 158
223 Law 3 2019.05.03 165
222 Law 2 2019.05.03 253
221 Law 1 2019.05.02 181
220 Review Quiz - BOOK 2 2019.04.29 4997
219 Chapter 18 Conclusion 2019.04.29 1085
218 Real Estate Practice - 39 (Understanding-Answers) 2019.04.29 235
217 Real Estate Practice - 38 (Understanding-Answers) 2019.04.29 139
216 Chapter 17 Quiz 2019.04.29 313
215 Chapter Conclusion Chapter 17 2019.04.29 281
214 Real Estate Practice - 37 (Understanding-Answers) 2019.04.29 141
213 Real Estate Practice - 36 (Understanding-Answers) 2019.04.29 152