Term
|
Definition
| CROPS PLANTED EACH YEAR ALSO CALLED FRUCTUS INDUSTRIALES (GENERALLY PERSONAL PROPERTY)NEEDS TO BE CLEARLY STATED IN SALES CONTRACT |
|
|
Term
|
Definition
| NOT CONFINED TO ANY SPECIFIC WATERWAY |
|
|
Term
|
Definition
|
|
Term
|
Definition
RIVERS AND OCEANS USED FOR COMMERCIAL
ARE IDENTIFIED ON GOVERNMENT SURVEY MAP
OPEN TO THE PUBLIC |
|
|
Term
|
Definition
| MINING OPERATIONS ADJACENT OWNERS ARE PROTECTED BY |
|
|
Term
|
Definition
|
|
Term
|
Definition
OIL AND GAS USUALLY GOVERNED BY
CAN EXTRACT OIL AND GAS FROM ADJOINING PROPERTIES
ALL LAND OWNERS = RIGHTS TO DRILL |
|
|
Term
|
Definition
|
|
Term
|
Definition
| THE LEVEL AT WHICH PERCOLATING WATER IS FOUND IS KNOW AS |
|
|
Term
|
Definition
| WHEN REAL PROPERTY BECOMES PERSONAL PROPERTY |
|
|
Term
|
Definition
TEST FOR FIXTURES
MODIFICATION (WHEN SOMETHING IS MODIFIED TO FIT A PARTICULAR SPACE WITHIN A STRUCTURE)
ATTACHMENT
RELATIONASHIP TO THE PARTIES
INTENTIONS
AGREEMENT |
|
|
Term
|
Definition
PHYSICAL CHARACTERISTICS OF LAND
-IMMOBILITY
-NON-HOMOGENEITY
-INDESTRUCTIBILITY |
|
|
Term
|
Definition
| ARTIFICIAL ATTACHMENTS (NOT WITH NATURE OF LAND) IF THEY ARE ATTACHED. |
|
|
Term
|
Definition
| 1 ACRE= 43,560 SQUARE FEET |
|
|
Term
|
Definition
| (When a person buys a house only the surface of the land is described in the deed) Any RIGHT, INTEREST OR IMPROVEMENT WHICH IS AUTOMATIC WITH CONVEYANCE |
|
|
Term
|
Definition
PRECISE AND NOT AMBIGUOUS
-REQUIRED IN CONTRACTS: REAL ESTATE, MORTGAGES, DEEDS AND LEASES |
|
|
Term
|
Definition
| ALLOWS REASONABLE SHARE OF WATER DURING SHORT SUPPLY |
|
|
Term
| SALES CONTRACT WITHOUT SUFFICIENT LEGAL DESCRIPTION |
|
Definition
|
|
Term
|
Definition
BUYER RECIEVES AT CLOSING
WHAT A SURVEYOR PREPARES |
|
|
Term
| RECTANGULAR SURVEY (NOT USED IN GA) |
|
Definition
GOVERNMENT SURVEY USES IMAGINARY LINES USING CERTAIN NORTH-SOUTH LINES WHICH ARE SELECTED AS PRINCIPAL MERIDIANS (36 IN ALL).
EAST WEST SELECTED AS BASE LINES (32 IN ALL)
RANGE LINES=TOWNSHIPS |
|
|
Term
|
Definition
IDENTIFIES BY DESCRIBING ITS BOUNDARIES..POINT OF BEGINNING (IDENTIFIED BY BENCHMARK)
METES=DISTANCES AND DIRECTIONS
BOUNDS=LANDMARKS OR MONUMENTS THAT SERVE AS MARKERS |
|
|
Term
|
Definition
| THE CONTINUATION OF THE DESCRIPTION AFTER THE POB IS ESTABLISHED USING COMPASS DIRECTION AND DISTANCE FOR EACH BOUNDARY LINE |
|
|
Term
|
Definition
| RETURNING TO THE POINT OF BEGINNING IN A METES AND BOUNDS SURVEY. IF CLOSURE NOT POSSIBLE THE DECRIPTION IS INCOMPLETE |
|
|
Term
|
Definition
| 6 MILES EACH SIDE OR 36 SQUARE MILE |
|
|
Term
| RECORDED PLAT OR SHORT FORM (GA) |
|
Definition
| MOST CONVENIENT LAND DIVIDED INTO BLOCKS AND BLOCKS DIVIDED INTO LOTS |
|
|
Term
|
Definition
| 640 ACRES = 1 SQUARE MILE |
|
|
Term
|
Definition
| THISNGS ATTACHED PERMENANTLY TO THE LAND THEY CAN BE PRODUCTS OF NATURE OR MANMADE...ARE IMMOVABLE BY LAW |
|
|
Term
|
Definition
ECONOMIC CHARACTERISTICS OF LAND
-LOCATION, PERFERENCE (SITUS)
-IMPROVEMENTS
-FIXED INVESTMENT (HOW LONG IT WILL BE ECONOMICALLY USEFUL) ROI= ECONOMIC LIFE
-SCARCITY |
|
|
Term
| VERTICAL LAND DESCRIPTION DATUM |
|
Definition
| USES DATUM AS BASE POINT FROM WHICH HEIGHT AND DEPTH CAN BE MEASURED. USED WHEN AIR RIGHTS OR SUBSURFACE RIGHTS NEED DESCRIPTIONS |
|
|
