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Understanding Property Ownership and Land Use
Aug 28, 2024
Property Ownership and Land Use Controls
Property Ownership
Adverse Possession
Legal doctrine allowing acquisition of ownership by openly using another's property without permission.
Requires open, continuous, and notorious possession for a statutory period.
Affixing
Process of converting personal property into real property by attaching it to real estate.
Conveyance
Transfer and assignment of property rights or interests from one entity to another.
Emblements
Crops grown by tenants considered personal property.
Can be harvested after tenancy ends.
Eminent Domain
Government's right to seize private property for public use with just compensation.
Encroachment
Occurs when a structure extends beyond its legal boundary into a neighboring property.
Encumbrance
Claim against a property affecting its transferability or use (e.g., liens, easements, mortgages).
Fixture
Object attached to real property; becomes part of the property.
General Lien
Legal claim against a debtor's property allowing seizure to satisfy debts.
Improvements
Additions or structures increasing property value.
Interest
Legal claim or right giving privileges associated with property ownership, use, or control.
License
Limited, revocable permission to use property for a specific purpose.
Lien
Creditor's claim against property due to unpaid debt.
Life Estate
Property ownership interest held for the duration of an individual's life.
Littoral Rights
Water rights for properties bordering static water bodies (lakes, oceans).
Proprietary Lease
Lease in a cooperative apartment granting the right to occupy a specific unit.
Riparian Rights
Water rights for properties bordering flowing water (rivers, streams).
Severance
Process of converting real property into personal property by removing it from real estate.
Specific Lien
Claim on a particular property as collateral for a specific debt.
Township
Geographic area in the rectangular survey system, 6 square miles, containing 36 sections.
Trade Fixture
Equipment attached for business purposes, removable by tenant when vacating.
Land Use Controls
CC&Rs (Covenants, Conditions, and Restrictions)
Rules for residential communities, enforced by homeowner associations (HOAs).
Certificate of Occupancy (CO)
Document certifying building compliance with codes and safe for occupancy.
Condemnation
Legal process of taking private property for public use via eminent domain.
Deed Restriction
Provision limiting property use.
Eminent Domain
Government's right to acquire property for public use with just compensation.
Escheat
Process where property reverts to government if owner dies intestate without heirs.
Intestate
Dying without a valid will or specific asset distribution instructions.
Master Plan
Long-term plan outlining land use, zoning, infrastructure for a region.
Non-conforming Use
Property use differing from current zoning due to changes in zoning law.
Planned Unit Development (PUD)
Mixed-use real estate combining residential, commercial, and recreation spaces.
Police Power
Government authority to regulate land use for public health, safety, welfare.
Snob Zoning
Exclusionary zoning limiting certain housing types (e.g., affordable, multi-family).
Special Assessment
Government-imposed charge on property owners for funding public projects.
Tax Basis
Assessed value for property tax calculation.
Variance
Zoning exception allowing deviation from ordinance requirements.
Zoning Ordinance
Local law dividing areas into zones with specific land use regulations.
Zoning Variance
Legal permission to deviate from standard zoning regulations due to hardship.
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