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부동산

What Is Land?

2019.03.02 18:52 Views : 118

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
91 Chapter 8 Conclusion 2019.03.04 274
90 DEED 2019.03.04 100
89 warranty deed 여섯 가지의 covenant 2019.03.04 106
88 Chapter 7 (TEST) 2019.03.04 162
87 Chapter 6 Quiz 2019.03.04 446
86 부동산 용어 (A to Z) 2019.03.03 1619
85 TEST 5 - Correction 2019.03.02 275
84 Chapter 5 Conclusion 2019.03.02 117
83 Condominium Ownership and Time Shares 2019.03.02 103
82 Apartment Ownership - Cooperatives 2019.03.02 118
81 Water Information and Air Rights 2019.03.02 110
80 Water Information and Air Rights 2019.03.02 107
79 Water Rights 2019.03.02 94
78 Eminent Domain and Condemnation 2019.03.02 93
77 Environmental Regulation 2019.03.02 105
76 Zoning Laws and Building Codes 2019.03.02 137
75 Trade Fixtures 2019.03.02 104
74 Fixtures and Appurtenances 2019.03.02 1043
73 Personal vs. Real Property 2019.03.02 104
72 Economic and Physical Characteristics of Land 2019.03.02 1732
71 Rights in Real Estate 2019.03.02 126
» What Is Land? 2019.03.02 118
69 TEST 4 - Correction 2019.03.02 167
68 Chapter 4 - TEST 2019.03.02 171
67 Chapter 3 TEST (2nd) 2019.03.02 236
66 Chapter 3 TEST 2019.03.02 311
65 Exam Essentials 2019.03.01 158
64 Chapter 2 Test 2019.03.01 265
63 Chapter 2 Conclusion 2019.03.01 162
62 Elective Broker Courses 2019.02.28 120