Appurtenant image

Appurtenant Definition

Appurtenant means belonging to or associated with something else. An appurtenance is a related right, privilege or improvement that ordinarily passes with the property. Physical attachment is not required: an easement can be an appurtenance too. What Is Appurtenant? Definition: …

Read More

water rights image

Water Rights Definition

Having land connected to water can be a huge plus for some property owners. It also can be sought after by businesses. Water rights can be somewhat complicated when it comes to the legality, but don’t worry; that’s what we’re …

Read More

Bundle of Rights

Bundle of Rights Definition

Real estate property holds with it specific rights. These legal rights can be split up and given to different parties and are called the bundle of rights. What is the Bundle of Rights? Definition: When a person purchases property, he …

Read More

government powers

Government Power Definition

Government powers within the world of real estate can be complex. In short, government powers enforce laws to promote the general welfare of the United States and its people. What is Government Power? Definition: Government power is the constitutional authority …

Read More

Real Estate License Wizard