Nature And Description Of Real Estate Flashcards
Real Estate/Real Property
Land and the improvement made to land, and the rights to use them
Fixture
An object that has been attached to land so as to become real estate
Improvement
And form of land development, such as buildings, roads, fences, and pipelines
Meridians
Imaginary lines running north and south, used as references in mapping land
Metes and Bounds
A detailed method of land description that identifies a parcel by specifying its shape and boundaries
Monument
An iron pipe, stone, tree, or other fixed point used in making a survey
Personal property
A right or interest in things of temporary or moveable nature; anything not classified as real property
Recorded plat
A subdivision map filed in the county’s recorder’s office that shows the location and boundaries of individual parcels of land
Riparian right
The right of a landowner whose land borders a river or stream to use and enjoy the water