- How Much Money Is Needed To Invest In Rental Property?
- Should A Real Estate Investor Get An Agent’s License?
- 5 Big Factors That Affect The Costs Of Renovating Your Home
- SIBOR Hike – What You Can Do With Your Current Loan
- 6 Basic Don’ts Of Real Estate Negotiation Tactics
- Will New Condo Relaunches Trigger The Great Property Sale We Have All Been Waiting For?
- 10 Proximity Amenities That Add Value To Real Estate
- How To Get Personal Loans More Easily With Good Credit
Accretion
Accretion refers to the addition of land to a parcel as a result of natural causes such as gradual sitting.
This occurs most often on real estate consisting of rivers or streams.
As land mass build up on stream, they may start to naturally create little islands or extend the shore.
This accretion will belong to the land owner.
The term used to describe these soil, mud, and slit, deposited via accretion is alluvium.
A property process of survey should be used to officially include this new land in the cadastral map.
In contrast, the gradual washing away of land that results in a loss of land is called diluvion.
Accretion should not be confused with dereliction.
Dereliction is the exposure of more land due to receding water line.
It is not a process that creates more land. But a process of exposing more land.
0 comments