Chap 2

Question 1

What’s a parcel/track?

Answer 1

A portion of the land delineated by boundaries.

Question 2

What are the unique physical characteristics of land?

Answer 2

Immobility: land is not mobile, indestructibility: land is indestructible and permanent, and heterogeneity: land is non-homogeneous since no two parcels are exactly the same

Question 3

The legal concept of real estate encompasses

Answer 3

Land
All man-made structures that are permanently attached to the land (fences, streets, buildings, sidewalks, sewer

Question 4

Man-made structures attached to land are called?

Answer 4

Improvements

Question 5

What does the Doctrine of Prior Appropriation require?

Answer 5

It requires property owners obtain permits for use of water. Example, fsrmer who need water from the river for farming. The permit can attach to the property

Question 6

States that don’t operate under doctrine of appropriation operate under what?

Answer 6

Under the common law doctrine of littoral and riparian rights. I.e, Virginia Beach

Question 7

Littoral rights

Answer 7

Concern properties with access to lakes, seas, oceans - but property owners do not own the water. Ownership extends to the high water mark of the body of water.

Question 8

Riparian rights

Answer 8

Concerns properties with streams and rivers. Ownership right are determined by whether the water is navigable or not. If non-navigable, the owner enjoys unrestricted access and owns the land beneath it to the stream/river midpoint. If navigable, then its public property and ownership extends to the waters edge