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When mineral rights have been severed from the surface rights (or property rights), it is referred to as a "split estate." In a split estate, the owner of the mineral rights has the right to develop those minerals, regardless of who owns the surface rights. This is because in United States law, mineral rights trump surface rights. [5]
The Stock-Raising Homestead Act of 1916 provided settlers 640 acres (260 ha) of public land—a full section or its equivalent—for ranching purposes. Unlike the Homestead Act of 1862 or the Enlarged Homestead Act of 1909, land homesteaded under the 1916 act separated surface rights from subsurface rights, resulting in what later became known as split estates. [1]
Smoke Rise was planned with philosophy that no two homes would look alike with a minimum size of 2,500 square feet (230 m 2) located on wooded lots of 1 to 10 acres (0.40 to 4.05 ha). [ 3 ] The gated lakeside community provides 24-hour security, activities, clubs and special events.
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Title VIII of the Civil Rights Act in the U.S., which is also known as the Fair Housing Act, was put into place in 1968 and dealt with the incorporation of African Americans into neighborhoods as the issues of discrimination were analyzed with the renting, buying, and financing of homes. [13] Internet real estate as a concept began with the ...
Two Mile Beach is a barrier island along the Atlantic Ocean between the former Turtle Gut Inlet on the northeast, and Cape May or Cold Spring Inlet on the southwest. Sunset Lake and Jarvis Sound, as well as an expanse of salt marsh and tidal channels, separates Two Mile Beach from the mainland. The closing of Turtle Gut Inlet in 1922 has made ...
During the late 1950s and 1960s, GALC was the largest land sales company in the United States. [2] The company is noted for its role in the development of Cape Coral, and pioneering the sales method of installment land purchases. In the late 1960s, GALC sold 173,000 mi (278,000 km) of swampland, dubbed Golden Gate Estates, to about 40,000 ...
A nonpossessory interest in land is a term of property law to describe any of a category of rights held by one person to use land that is in the possession of another. Such rights can generally be created in one of two ways: either by an express agreement between the party who owns the land and the party who seeks to own the interest; or by an order of a court.
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