Definition: An inland body of water, generally of considerable size, that collects and stores usually fresh water from surface runoff, and where there is little or no horizontal movement of the impounded water. Lakes can be formed by volcanic, human, or glacial activity; by mass wasting such as landslides; or by stream channel abandonment such as may occur with old, meandering rivers (an "oxbow" lake).
Terms, Definitions, and Concepts: Ecology, Geography, Geology, Hydrology, Real Estate, Science, Water
Real property that has direct frontage on the shore of a lake or reservoir, whether or not ownership of the actual beach or shore adjacent to the parcel is appurtenant to the property, shared as tenants in common, or public.
1. Solid part of the earth's surface 2. real estate 3. the surface of the earth extending down to the center and upward to the sky, including all natural things thereon such as trees, crops, or water; plus the minerals below the surface and the air rights above
Another name for an installment purchase contract, by which the buyer obtains equitable title (the right to use the property) while the seller retains legal title (recorded title)as security for payment of the balance of the purchase price
A creative financing device often used with raw land which a developer wants to improve, in which the developer sells the land to an investor who leases the land back to the developer under a long-term net lease and subordinates his fee ownership to the lender providing development financing
Form of real estate ownership associated with the feudal system where all lands were owned and taxed by the king or other sovereign, who granted the right to hold title to real property, but as a life estate only.
Same as "feudal tenure" or the "feudal system of title".
An association organized by common owners of real property, which holds title to the real property in the name of one or more trustees for the benefit of the owners, whose beneficial interests may be represented by trust certificates
The activities, operations, or purposes that are employed in a particualr geographic area; the specific manner in which a parcel or tract of land is utilized. Land use is usually regulated by municipal governments through zoning ordinances, although some land uses are regulated by state or federal governments.
A feudal phrase used to describe all types of immovable realty including the land, buildings and all appurtenant rights thereto. This is technically the most comprehensive legal way to describe land or real estate ownership. Historically, this term did not include incorporeal property such as easements.
Essentially a pantry. A larder is a cool place for storing food. A
"larder" is where early Americans kept their lard (which is the fat from the abdomen
of a pig that has been clarified for cooking). Larders were built on the part of the
house that received least amount of sun. Preppers sometimes refer to a "deep
larder," which is in reference to food storage items that can last 10-25 years. Some
Preppers have buried, hidden or split larders -- all in an effort to maximize their
storage efforts from looters or natural loss.
The support received by a parcel of real property from the land adjoining it is called lateral support. Subjacent support is that support which the surface of the earth receives from its underlying strata.
To damage, destroy, abuse, or otherwise cause the value of property to be diminished, especially by one whose interest in the property is less than fee simple, such as a tenant, life tenant, mortgagor, or vendee.
A lease is both a contract between lessor (landlord)and lessee (tenant) and a conveyance or demise of the premises by the lessor to the lessee. A lease is a contract in that item bodies the agreement between the parties.