This water might be used for wells, irrigation, filling a lake on owner's land. The level at which percolating water is found. Underground water not confined to a specific waterway, channel or stream Included in the definition of ( Real Estate )Īre the rights of ownership as ( air, mineral, water rights ) can be sold or leased separately )Ī landowners right to use and enjoy water adjacent to, underneath, or on the land ( man-made) attachment to the land with the intent of being permanent ( buildings,fences,roads, pipelines, swimming pools,drive ways,mobile homes, if attached to the land, also known as To avoid confusion when crop-producing land is sold during a growing season the sales agreement should clearly state whether or not the crops are to be transterred with the land Generally considered to be personal property+ They automatically transfer with the landĬrops planted and harvested each year ( corn,wheat, soybeans, tobacco) Things grown naturally and requiring no annual cultivation ( trees,shrubbery, perennial plants)Īnd are considered to be ( Real Property) Can be either products of ( natural attachments ) or man-made ( artificial attachments) Things permanently attached to the land, physically or legally are called Tenements and are immovable by law. The automatic transfer of certain rights or encumbrances in real property when title is conveyedĪn area which starts at the center of the earth (subsurface rights ) passes through the earth's surface and extends into space (air rights ) to an indefinite height Land and things which are permanently attached to the land by man ( buildings ) or nature ( trees) also the legal rights and interest that go along with ownershipĪny right,interest or improvement, automatically conveys with the ownership of the property Items that extend to the owner an interest in real property such as, leases,mortgages,contracts to purchase and options/ are considered to be personal propertyĪ document which conveys ownership to personal property Things such as, cars,boat,furniture,clothes,stocks,money,tools Items that can load into a car when moving after the sale Property is divided into two categories, real property/personal propertyĪnything that is movable/Also known as chattels
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