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13 Cards in this Set
- Front
- Back
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Accretion |
A build up of land downstream moved by water |
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Erosion |
(Opposite of accretion) losing land because of water carrying it away. Occurs upstream |
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Avulsion |
SUDDEN loss of land because of nature |
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Riparian rights |
River water rights- If non-navigable you own to the middle. If navigable, you own to waters edge |
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Littoral rights |
Lake water rights, own to the high water mark |
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Real property |
Land, real estate, real property |
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Bundle of legal rights with REAL property |
Possession, control, enjoyment, exclusion, disposition. Surface, air, subsurface, and water rights |
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Deed of trust |
Funding for a home |
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Types of real property |
Residential, commercial, mixed use, industrial, agricultural, and special purpose |
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Fiscal policy |
Government control (affects supply) |
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Two things that have the most impact on market value |
Uniqueness and immobility |
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Factors affecting supply |
Labor force, construction cost, and fiscal policy |
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Factors affecting demand |
Population, demographic, employment and wage benefits |
