Word of the Day…


 

Government Lot ~

 In the rectangular survey system,

 a parcel of la nd that is not a regular section (one mile square),

 because of the convergence of range lines,

or because of a body of water or some other obstacle;

assigned a government lot number.

 

Word of the Week:


Incorporeal Rights:

Rights in real property that do not involve physical possession of anything,

such as a dominant tenant’s right to use the servient tenant’s land-an easement. 

An easement appurtenant is an incorporeal hereditament, because it is inheritable,

but an easement in gross is merely an incorporeal right, because it is not inheritable.

 

Word of the Week:


 

Riparian Rights:

 

The water rights of a land-owner whose property is adjacent to or

 crossed by a body of water.

 

Word of the Week:


 

Reliction:

The gradual receding of a body of water, exposing land that was

 previously under water. Also called dereliction.

 

Word of the Week:


Riparian Land:

Land that is adjacent to or crossed by a body of water,

 especially flowing water such as a stream or river.

Thursday Thriller…


A real estate salesman had just closed his first deal,

only to discover that the piece of land he had sold was completely under water.

“That customer’s going to come back here pretty mad,” he said to his boss. “Should I give him his money back?”

“Money back?” roared the boss. “What kind of salesman are you? Get out there and sell him a houseboat.”

When buying your new home or land, are you sure you are in good hands or sale hands?

Check out www.VickieGylling.com for all your real estate needs. 

We are here to make sure you are happy and safe.

Tuesday Talk…


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