Lateral And Subjacent Support
Definition of "Lateral and subjacent support"
The right of a landowner to have lateral land support from adjacent properties. The right of lateral and subjacent support means that an adjacent land owner may not, for example, lower or undermine the soil of his or her property so as to cause a lack of support and subsequent shifting and damage to the subject property.
Popular Real Estate Terms
A roof having two slopes on each side. The second slope is longer than the first part of the roof and extremely steep. ...
revising the terms of a loan such as when the borrower is experiencing severe financial difficulties. For example, a homeowner lost his job and seeks relief by requesting the lender ...
Economic principle determining the market prices of goods, services, and property. The principle states there is a pricing relationship between supply and demand for real property. Economic ...
A closed-end mortgage is a mortgage in which the collateralized property cannot be used as security for another loan. See also open-end mortgage for a better understanding of the ...
federal law protecting someone in active service from bank foreclosure of their property that was bought before entering the armed services. ...
People say time is money. The old-age cliche applies more than ever in our case as we define what the Time Value of Money (TVM) means. You’ll find the term time value for money ...
Substituting one party for another in an action giving that party full rights or claims. Foe example, an insurance company pays the insured for a fire loss caused to the home by a third ...
Process of the borrower giving the lender security to obtain the loan. ...
Nationwide group of independent real estate brokers who cooperate together and share information regarding clients who are seeking to relocate from one area of the country to another. The ...
Comments for Lateral And Subjacent Support
the original owner of the down hill property in 1960 cut into the embankment to have garage at street level and did install a retaining wall, city permits and passing inspection back then. since that time the wall was replaced some time in late 60s or early 70s and 1 more time by the current owners and is failing. I am almost positive the last 2 replacements were done without permits or inspections. just looking at the wall its clear it has been replaced. I am 60 and that wood is not. is there a way for me to show or prove it is not the wall built with permits and the inspections. the neighbor is refusing to take responsibility for our foundation damage. what can I do?
Oct 21, 2020 22:08:59Hey Rob,
Unfortunately, there is not much we can help you with in this regard. If there are some structural damages caused by your neighbors retaining wall and you have no legal basis to hold him accountable, then filing a lawsuit might not help you. We recommend you get in touch with a real estate attorney on this matter since they are more qualified to offer advice and directions in this matter.
Oct 23, 2020 10:27:37Have a question or comment?
We're here to help.