Definition of "Subsidence"

Subsidence is a term used in geology, engineering and surveying to denote the motion of a surface (usually, the earth's surface) downwards relative to a datum such as sea-level. In meteorology, subsidence refers to the movement of air downwards.

Comments for Subsidence

Vanessa Lee Vanessa Lee said:

what rights can a owner use to use water from a river or stream

Mar 31, 2019  22:09:01

 
Real Estate Agent

Hi, Vanessa! As you probably know, there are water rights that cover the usage of water. There are riparian rights and littoral rights. If your property has access to a river or stream, you can use the water freely for irrigation or for other purposes as long as the upstream and downstream neighbors are not affected. When a river is the border of your property, you own half of the land covered by the river (half of the river bad), too. The littoral rights refer to waterfront properties that have access to a lake or a sea - in short, navigable waters. Ownership stops at the level of high tide. 

Apr 02, 2019  06:21:35
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Marine insurance contract clause that limits an insurance company's liability. The company agrees to pay only losses that exceed a percentage or flat dollar amount; partial (below this ...

Standardized set of business laws that has been adopted by most states. The Uniform Commercial Code governs a wide range of transactions including borrowing, contracts, and many other ...

Roof used in construction that is composed of fire resistive materials such as slate as approved by the underwriters laboratories inc. (ul). ...

Maximum that an insurance company can underwrite. The limits of coverage that a property and casualty company can underwrite are determined by its retained earnings and invested capital. ...

State law by which insurance companies are permitted to establish deferred tax assets and liabilities subject to maximum limitations. ...

Portion of the death benefit in a life insurance policy paid upon the insured being diagnosed as having a terminal illness that will result in death within a year. ...

Organization having as its objective the education of the general public concerning items of national concern of member property and casualty insurance companies. ...

Interest rate credited on three-month United States Treasury bills. ...

Institutional investment sold by life insurance companies that guarantees principal and offers withdrawal flexibility. This conservative investment, which can be used with a corporate ...

Popular Insurance Questions