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Ownership Rights and Limitations

Contracts Chapter 4
Horizontales
An easement allowed by law as necessary for the full enjoyment of a parcel of real estate
Clauses in a deed limiting the future uses of property. Deed restrictions may impose a vast variety of limitations and conditions
The gradual and sometimes imperceptible wearing away of the land by natural forces, such as wind, rain , and flowing water
An estate in land in which ownership is for an indeterminate length of time
A recorded legal document giving constructive notice that an action affecting a particular property has been filed in either a state or federal court
An eastment acquired by open, notorius, continuous, hostile, and adverse use of the property for a period of time prescribed by state law.
A right to use the land of another for a specific purpose, such as a right of way or utilities
Anything - such as a mortgage, tax, or judgement lien; an easement; a restricion on the use of the land; or an outstanding dower right - that may diminish the value or use and enjoyment of a property
Concept providing that successive periods of continuous occupation by different parties may be combined to reach the required total number of years needed to establish a claim for a prescriptive easement
The remnant of an estate that has been conveyed to take effect and be enjoyed after the termination of a prior estate, such as when an owner conveys a life estate to one party and the remainder to another
A building or some portion of it - a wall or fence, for instance - that extends beyond the land of the owner and illegally intrudes on the land of an adjoining owner or public street or alley
An interest in real or personal property that is limited in duration to the lifetime of its owner or some other designated person or persons
Verticales
A fee simple state qualified by a special limitation
An estate in which the holder has a fee simple title that may be divested upon the occurence or nonoccurence of a specified event
A right given by law to certain creditors to have their debts paid out of the property of a defaulting debtor, usually by means of a court sale
A concept of water ownership in which the landlowner's right to use available water is based on a government-administered permit system
Private agreements that affect land use. They may be enforced by an owner of real estate that benefits from them and can be included in the seller's deed to the buyer
A person's present right to an interest in real propery that will not result in possession or enjoyment until sometime in the future, such as a reversion or right of reentry
The return of rights of possesion and quiet enjoyment to the lessor at the expiration of a lease
An easement that is not created for the benefit of any land owned by the owner of the easement but that attaches personally to the easement owner
The reversion of property to the state or county, as provided by law, in cases in which a decedent dies intestate without heirs capable of inheritiing, or when the property is abandonded
The revocable permission for a temporary use of land - a personal right that cannot be sold