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Grazing rights is the right of a user to allow their livestock to feed (graze) in a given area.. Grazing rights in action: Leyton Marshes in London, where historic grazing (and other) rights are still in place, although not always willingly acceded by the authorities A large sheep farm in Chile.
In many jurisdictions, these kinds of property are referred to as real estate or real property, as distinct from personal property. Land use agreements, including renting, are an important intersection of property and contract law. Encumbrance on the land rights of one, such as an easement, may constitute the land rights of another.
The Taylor Grazing Act was a response to the degradation of public rangelands due to overgrazing and drought in the early 20th century. By establishing a system for regulating grazing through permits and leases, the Act aimed to restore and protect these lands, ensuring their long-term productivity and availability for the livestock industry. [4]
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
In the United States, the purchase of rural land or raw acreage is generally for investment purposes, although some buyers intend to build a home and reside there. Often without standard utility services provided by a metropolitan municipality readily available, individuals have the responsibility to install methods of achieving a regulated standard of living.
A grazing privilege is the benefit or advantage enjoyed by a person or company beyond the common advantage of other citizens to graze livestock on federal lands. Privilege may be created by permit, license, lease, or agreement.
A profit (short for profit-à-prendre in Middle French for "advantage or benefit for the taking"), in the law of real property, is a nonpossessory interest in land similar to the better-known easement, which gives the holder the right to take natural resources such as petroleum, minerals, timber, and wild game from the land of another. [1]
An open range sign along the Interstate 10 Frontage Road in southern Arizona.. Where there are "open range" laws, people wanting to keep animals off their property must erect a legal fence to keep animals out, as opposed to the "herd district" where an animal's owner must fence it in or otherwise keep it on the person's own property.
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