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부동산

What Is Land?

2019.03.02 18:52 Views : 70

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
Notice 부동산 용어사전 2019.04.15 2091
Notice 부동산 용어 (A to Z) 2019.03.03 1342
80 Personal vs. Real Property 2019.03.02 78
79 Economic and Physical Characteristics of Land 2019.03.02 1699
78 Rights in Real Estate 2019.03.02 69
» What Is Land? 2019.03.02 70
76 Fixtures and Appurtenances 2019.03.02 1005
75 Trade Fixtures 2019.03.02 70
74 Zoning Laws and Building Codes 2019.03.02 78
73 Environmental Regulation 2019.03.02 65
72 Educational Requirements for Salesperson Applicants 2019.02.28 70
71 Original Salesperson License Requirements 2019.02.28 57
70 Original Salesperson License 2019.02.28 325
69 Original Real Estate Broker License 2019.02.28 66
68 Water Information and Air Rights 2019.03.02 83
67 Water Information and Air Rights 2019.03.02 67
66 Water Rights 2019.03.02 56
65 Eminent Domain and Condemnation 2019.03.02 56
64 Course Objectives 2019.02.27 69
63 Objectives and Outcomes 2019.02.27 77
62 Founders 2018.11.14 113
61 First Mayors: 2018.11.14 79
60 Businesses of Orange County named after people: 2018.11.14 86
59 Apartment Ownership - Cooperatives 2019.03.02 68
58 Chapter 6 Quiz 2019.03.04 415
57 Chapter 5 Conclusion 2019.03.02 83
56 Condominium Ownership and Time Shares 2019.03.02 65
55 Streets of Orange County named after people: 2018.11.14 121
54 Chapter 2 Conclusion 2019.03.01 137
53 Elective Broker Courses 2019.02.28 79
52 Mandatory Broker Courses 2019.02.28 61