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부동산

Chapter 2 Review (4)

2019.05.04 21:24 Views : 132

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
Notice 부동산 용어사전 2019.04.15 2084
Notice 부동산 용어 (A to Z) 2019.03.03 1336
261 Chapter 9 Conclusion 2019.04.15 73
260 Chapter 9 Quiz 2019.04.15 163
259 Real Estate Practice - 21 (Understanding-Answers) 2019.04.16 55
258 Real Estate Practice - 22 (Understanding-Answers) 2019.04.16 83
257 Chapter 10 Conclusion 2019.04.16 96
256 Chapter 10 Quiz 2019.04.16 168
255 Real Estate Practice - 23 (Understanding-Answers) 2019.04.16 76
254 Real Estate Practice - 24 (Understanding-Answers) 2019.04.16 51
253 Chapter 10 Conclusion 2019.04.16 91
252 Chapter 11 Quiz 2019.04.16 218
251 Real Estate Practice - 25 (Understanding-Answers) 2019.04.26 860
250 Real Estate Practice - 26 (Understanding-Answers) 2019.04.26 62
249 융자 프로그램의 종류 2019.04.26 60
248 Real Estate Practice - 27 (Understanding-Answers) 2019.04.26 80
247 Chapter 12 Conclusion 2019.04.26 171
246 Chapter 12 Quiz 2019.04.26 282
245 Real Estate Practice - 28 (Understanding-Answers) 2019.04.26 97
244 Real Estate Practice - 29 (Understanding-Answers) 2019.04.27 62
243 Real Estate Practice - 30 (Understanding-Answers) 2019.04.27 64
242 Chapter 13 Conclusion 2019.04.27 200
241 Chapter 13 Quiz 2019.04.27 199
240 Real Estate Practice - 31 (Understanding-Answers) 2019.04.27 87
239 Real Estate Practice - 32 (Understanding-Answers) 2019.04.27 72
238 Chapter Conclusion Chapter 14 2019.04.27 150
237 Chapter 14 Quiz 2019.04.27 592
236 Real Estate Practice - 33 (Understanding-Answers) 2019.04.29 92
235 Chapter 15: Using Real Estate Assistants Summary 2019.04.29 87
234 Chapter 15 Quiz 2019.04.29 158
233 Real Estate Practice - 34 (Understanding-Answers 2019.04.29 80
232 Real Estate Practice - 35 (Understanding-Answers 2019.04.29 88