Access right refers to the legal entitlement of property owners to reach their own property, ensuring unobstructed passage. It is a fundamental aspect of property law that supports the practical use and value of real estate.
Actual damages represent the compensation for losses incurred as a direct result of condemnation of private property. These damages cover only the tangible and concrete losses, excluding any indirect, severance, or consequential damages.
An appurtenance refers to anything adjacent or pertinent to a piece of property, enhancing its use and contributing to its greater enjoyment, such as easements, rights-of-way, or parking spaces.
A corridor in real estate refers to a long, narrow strip of land dedicated to a specific purpose such as transportation routes, utility lines, or communication cables. The use of corridors is critical in infrastructure development, providing a streamlined and organized space for essential services.
An easement by necessity is a type of easement that allows the owner of a landlocked property to access a public road or other essential resources through a neighbor's land.
The International Right of Way Association (IR/WA) provides education and professional development for individuals in the right-of-way industry, covering areas such as law, engineering, and appraisal. The association also offers the esteemed SR/WA designation.
The International Right of Way Association (IR/WA) is a professional member organization compromised of global infrastructure real estate practitioners. IR/WA provides education, best practices, and forums for discussion to facilitate real estate and infrastructure professionals in acquiring land rights.
Landlocked refers to a condition where a property has no direct access to a public road, requiring access through an adjacent property.
The right-of-way is a legal right granting passage over another person's property. This term is often associated with easements and is crucial in the context of property development, infrastructure projects, and urban planning.
The right-of-way (R/W) in real estate terms refers to the legal right, established by usage or grant, to pass along a specific route through grounds or property belonging to another.
