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Chapter 2 Review (4)

2019.05.04 21:24 Views : 433

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
247 Real Estate Law 14 2019.05.05 556
246 Real Estate Law 13 2019.05.05 388
245 Real Estate Law 12 2019.05.05 423
244 Real Estate Law 11 2019.05.05 424
243 Real Estate Law 10 2019.05.05 407
242 Real Estate Law 9 2019.05.05 427
241 Real Estate Law 8 2019.05.05 421
240 Real Estate Law 7 2019.05.05 425
239 Quiz Law 2 2019.05.04 5907
238 Chapter 2 Review (5) file 2019.05.04 451
» Chapter 2 Review (4) 2019.05.04 433
236 Chapter 2 Review (3) 2019.05.04 442
235 Chapter 2 Review (2) 2019.05.04 492
234 Chapter 2 Review 2019.05.04 410
233 Real Estate Law 6 2019.05.04 439
232 Real Estate Law 5 2019.05.04 409
231 Real Estate Law 4 2019.05.04 607
230 Real Estate Law 3 2019.05.04 472
229 Real Estate Law 2 2019.05.04 842
228 Real Estate Law 1 2019.05.03 430
227 Quiz Law 1 2019.05.03 6185
226 Law 6 2019.05.03 402
225 Law 5 2019.05.03 383
224 Law 4 2019.05.03 415
223 Law 3 2019.05.03 421
222 Law 2 2019.05.03 446
221 Law 1 2019.05.02 405
220 Review Quiz - BOOK 2 2019.04.29 5280
219 Chapter 18 Conclusion 2019.04.29 1306
218 Real Estate Practice - 39 (Understanding-Answers) 2019.04.29 478