In feudal law. Vassals who were obliged to work for their lord one day In the week, from Michaelmas to autumn, either with fork, spade, or flail, at the lord’s […]
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LAND
in the most general sense, comprehends any ground, soil, or earth whatsoever; as meadows, pastures, woods, moors, waters, marshes, furzes, and heath. Co. Litt 4a. The word “land” includes not […]
LAND CERTIFICATE
Prima facie evidence of land ownership. Similar to a deed for unregistered land. Document of title issued by a government’s land registry agency for registered free-hold or lease-hold land.
LAND CHEAP
In old English law . An ancieut customary fine, paid either in money or cattle, at every alienation of land lying within some manor, or within the liberty of some […]
LAND CONTRACT
Conditional real property sale agreement. A buyer buys a property, but gains title only after paying the entire price including interest and other charges, as applicable. Contrast to a mortgage. […]
LAND DAMAGES
A term sometimes applied to the amount of compensation to be paid for land taken under the power of eminent domain or for injury to, or depreciation of, land adjoining […]
LAND DEGRADATION
Eroding financial worth of land as that which makes it worthwhile deteriorates. The quality of land will erode from excessive or inappropriate exploitation, often losing its topsoil, vegetation, and/or water […]
LAND FLIP
Artificially increasing an undeveloped land parcel’s book value far over its fair market value . Fraudulent, illegal practice. Colluding buyers typically buy and sell the same property several times among […]
LAND GRANT
the term that is given to a grant of land that is owned by the federal government to an educational institution , or other purpose to serve the public.
LAND IMPROVEMENT
Adding driveways, fencing, parking spaces, pavements, walls, and the like as limited-life enhancements to a parcel of developed land. Also refer to land development .
LAND LEASE OPTION
A lease contract option used to allow the lessee the right to extend the lease period past its original endpoint. Typically, the lessee pays a premium for this type of […]
LAND REHABILITATION
Regaining land’s worth, either virgin or improvement . Restoring an area of land following its destruction . This process rectifies issues caused by drilling for oil, coal mining, and other […]
LAND TAX
the name given to the levy that is placed on the owner of real estate that is based on the value of the land.
LAND USE PLANNING
Evaluating and assessing land, regardless of its condition. This requires studies environmental impacts of land use and on the community. This process establishes the basis for decisions on land disposition […]
LAND USE REGULATION
Intent is to ensure alignment of policy standards and the private use of land resources. Standards become permit requirements and codes/regulations. Housing codes, regulations for subdivisions, zoning ordinances, and building […]
LAND USE SUCCESSION
Advancing from a primarily residential area to primarily a business area . Doing so as a planned, time-bound series of enhancement executions. This is driving progressive changes in the predominant […]
LAND WARRANT
the name that is given to a guarantee that is issued by the federal government land office to the purchasers of public land .
LAND-TO-BUILDING RATIO
Ratio of land with improvements to the total acreage available. Aspects such as open space, green area and parking are typically required to comply with municipal requirements .
LANDA
An open field without wood; a lawud or lawn. Cowell; Blount
LANDAGENDE, LANDHLAFORD, or LANDRICA
In Saxon law. A proprietor of land; lord of the soil. Anc. Inst. Eng.
LANDBOC
In Saxon law. A charter or deed by which lands or tenements were given or held. Spelman; Cowell; 1 Reeve, Eng. Law, 10.
LANDEA
In old English law . A ditch or trench for conveying water from marshy grounds. Spelman.
LANDED
Consisting in real estate or land; having an estate in laud.
LANDED COST
Tally of purchase price , freight, insurance, and miscellaneous costs up to the port of destination . It typically includes shipment customs duties and tax levies. The total cost of […]
LANDEFRICUS
A landlord; a lord of the soil.