Unit 5: What is Real Estate Flashcards

1
Q

Accretion

A

an increase of land caused by the gradual depositing of solid material by the action of water

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2
Q

Air Rights

A

belong to owner of land below

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3
Q

Littoral Rights

A

solid material deposited by a body of water

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4
Q

Avulsion

A

sudden change of the course of a stream

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5
Q

Bundle of Rights

A

rights of landowners to use bodies of water affected by tidal currents

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6
Q

Chattels

A

tangible personal property

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7
Q

Corporeal

A

tangible

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8
Q

Devise

A

leave real estate to someone by will

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9
Q

Emblements

A

annual crops

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10
Q

Riparian Rights

A

the wearing away of land usually due to the action of wind or water

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11
Q

Fixture

A

once personal property, now real estate

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12
Q

Hereditament

A

anything that can be inherited

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13
Q

Improvement

A

rights of landowners to use waters adjoining streams or waterways not affected by tidal currents

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14
Q

Incorporeal

A

Intangible

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15
Q

Land

A

the earth, including air above

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16
Q

Littoral Rights

A

land bordering bodies of water affected by tides

17
Q

Mineral Rights

A

subsurface rights

18
Q

Parcel

A

specific tract of land

19
Q

Personal Property, Personalty

A

everything that is not real property

20
Q

Real Estate

A

land, improvements, and bundle of rights

21
Q

Real Property, Realty

A

synonyms for real estate

22
Q

Reliction

A

creation of dry land by the gradual withdrawal of water

23
Q

Riparian Rights

A

use of water by adjoining landowners

24
Q

Subsurface Rights

A

ownership of minerals, oil, and so on

25
Q

Trade Fixture

A

removable by tenants