Horizontal Property Laws
Definition of "Horizontal property laws"
Body o law relating directly to condominiums and cooperative developments. Most property law provides vertical ownership of property in the sense that property owners own mineral rights as well as air rights to property. Horizontal property laws do not allow property owners to own the land on which their apartment unit is located.
Popular Real Estate Terms
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Large room at the entrance to a building designed for people to converse or move about freely. ...
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