Definition of "Pier"

  1. A column designed to support a concentrated load. A pier column is made out of steel, steel reinforced concrete or wood.
  2. A structure extending out into the water supported by numerous columns providing access to water or vessels.

Comments for Pier

Bob Johnson Bob Johnson said:

Is a pier or boat lift considered real estate and part of a property when it goes up for sale?

Jan 06, 2021  13:01:48

 
Real Estate Agent

Hey Bob! If the pier is attached to the waterfront property, it is part of it, and it sells together with the home. There are certain rights and regulations that restrict the owner’s ability to use the body of water or construct docks. Riparian rights and Littoral rights are two of the most important. However, if the property has a dock, the owner already has these rights; otherwise, the dock construction would be illegal.

Jan 11, 2021  13:01:42
 
 
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

A judgment of a court issued as a final order after hearing all the evidence and material directly related to some matter before its consideration. A final degree considers al the rights to ...

What does inchoate refer to generally? The term inchoate is a formal word that can describe many things in various fields of life. An inchoate act defines something at an early stage, ...

The quality of life enjoyed by a person depending on factors such as spendable income, housing conditions, health and education. ...

Listing Agreement A.K.A. Listing is basically a contract allowing a real estate agent or broker to list a home for sale and act as the home seller agent representing his/her interests ...

Process determining an individual's financial ability to meet the terms of a loan. When selling real estate, the sales broker must qualify the buyer to make certain he/ she has the ...

The willingness of a lender to give a mortgage to a mortgagor. A mortgage commitment will give a time period the mortgage will be given and an indication of the interest rate to be charged ...

A zero lot line is a term in residential real estate that refers to houses that are either very close to or at the edge of the property line. These houses are also called zero lot line ...

The government under emminent domain takes Way to determine how much to pay an owner whose property before-and-after method. ...

Also called all inclusive trust deed (AITD). A mortgage (trust deed) that encompasses existing mortgages and is subordinate to them. The existing mortgages stay on the property and the new ...

Popular Real Estate Questions