Definition of "Avigation easement"

Krista Wilhite real estate agent

Written by

Krista Wilhiteelite badge icon

Realty One Group Music City

Right of a property owner located adjacent to an airfield to use the airspace above a certain distance to fly an airplane. However, the owner may not be allowed to put structures, signs or trees on the property that may place aircraft in danger, such as near the runway.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Taxable profit or loss arising from a sale. It is reported in the income statement. ...

A capital asset. An expenditure to buy property and other capital assets that generate revenue. Securities of real estate companies. ...

Economic policies designed to reduce the fluctuation in the business cycle. An example is Federal reserve monetary policies. An attempt by an underwriter to prevent a market price of a ...

(1) The difference between future value and present value of a payment. (2) A reduction in the amount due for early payment. (3) Discount loan. (4) Taking into account all available good ...

Use of borrowed funds to enhance expected returns. It is anticipated that the investment will earn a return exceeding the after-tax cost of borrowing. ...

Covering studs on the outside. ...

An unpreventable, overwhelming, and irresistible force. It is common to place a force majeure clause in a construction contract to indemnify a construction deadline in the event an act of ...

The definition of a property brief is a document including the summarization of the attributes and characteristics of the property. Officially issued legal records are supposed to include ...

The definition of involuntary alienation in real estate is the loss of property through attachment, condemnation, foreclosure, sale for taxes or other involuntary transfer of title. ...

Popular Real Estate Questions