Selasa, 18 Oktober 2011

Profit (real property)

18.45 | Diposting oleh Unknown
A profit (short for profit-à-prendre in Middle French for "right of taking"), in the law of real property, is a nonpossessory interest in land similar to the better-knowneasement, which gives the holder the right to take natural resources such as petroleum, minerals, timber, and wild game from the land of another. Indeed, because of the necessity of allowing access to the land so that resources may be gathered, every profit contains an implied easement for the owner of the profit to enter the other party's land for the purpose of collecting the resources permitted by the profit.
Label:

0 komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)

Statistik

Translate

Blog Archive

Designed by Andhika sintink.