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
An asset. The term cost is often used when referring to the valuation of acquired property. When it is used in this sense, a cost is an asset. Concepts of cost and expense are often ...
Surveying the land to determine its suitability for a specific purpose, such as building a high-rise apartment house. ...
Mortgage guaranteed up to 30 years by the Veterans Administration to veterans meeting minimum requirements. Originally established by the Servicemen's Readjustment Act of 1944, amended ...
A portion of a real estate company's assets financed with debt instead of equity. It involves interest an principal obligations. Financial leverage is beneficial to real estate investors ...
Tax term describing current and necessary business expenses. Ordinary and necessary business expenses do not include long-term capital losses. For example, the XYZ stationary store deducts ...
A certificate of ownership in a real estate company. Pledged assets for a borrowing. An example is an office building serving as collateral for the mortgage. Way of protecting property ...
A cooperating broker or agent defines a real estate broker who helps another broker in a private property transaction. Typically, the cooperating broker represents the seller and is ...
Document describing the benefits and provisions for people or businesses covered by group insurance. Document in life and health insurance issued to a member of a group insurance plan ...
Across the globe, countries have comprehensive antitrust laws that protect customers and ensure the orderly conduct of businesses. Through antitrust laws, the playing field is balanced for ...
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.