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

Misuse, alteration, destruction, or neglect of land by an individual right-fully in possession that breeds a significant and permanent reduction of its value to the legal interest owned by ...

Real estate not subject to property tax such as that owned by nonprofit entities including charitable, governmental, religious institutions. ...

The imposition or collection, usually by legal or governmental authority, of an assessment of a specified amount. An example is a tax assessment on real estate. ...

The abstract of judgment definition is best explained as a written summary of the judgment passed by a court. This abstract of judgment includes the amount of money the losing party of a ...

Court action to order a compulsory sale of real estate owned jointly between two or more owners. A partition action divides the proceeds of a real estate sale among the joint owners rather ...

House made using standardized components that are preassembled on an assembly line in a factory rather than being built from "scratch" on a site. Normally, the prefabricate house is trucked ...

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 ...

Unlimited interest in property. A freehold estate may be a fee simple or file estate. Freehold estate includes freehold in deed, a fee simple estate; freehold in law, an inheritable estate; ...

Surveyor's use of hypothetical lines to portray a properties position. North to South in the meridian line while East to West is the base line. ...

Popular Real Estate Questions