Business / Real Estate / Mineral Rights
Mineral Rights: Rights to subsurface land and profits. Nornally, when real property is conveyed, it includes everything above and below the surface of the land, except where specified by the grantor.
Property Rights: Rights of individuals and companies to own and use property as they see fit and to receive the stream of income that their property generates.
Purchase Of Development Rights (PDR): The acquisition of property development rights through voluntary sale by the landowner to a government agency or land trust. The government agency or land trust acquiring development rights . . . View Full Definition
Rights Of Survivorship: If two or more people own property jointly with rights of survivorship and one of the owners should die, the deceased owner’s share of the property automatically passes to the surviving owne . . . View Full Definition
Patient Bill Of Rights: Refers to the Consumer Bill of Rights and Responsibilities, a report prepared by the President's Advisory Commission on Consumer Protection and Quality in the Health Care Industry in an effo . . . View Full Definition
Rights Offering: In a rights offering, also known as a subscription right, a company offers existing shareholders the opportunity to buy additional shares of company stock in proportion to the number they al . . . View Full Definition
Opaque Mineral: A mineral which transmits no light through a thin section under a microscope. Usually a native metal, sulfide, or metallic oxide mineral.
Mineralocorticoids: A group of steroid hormones produced by the adrenal cortex that are important in maintaining electrolyte balance.
Air Rights: Rights to the use of the open space or vertical plane above a property. Ownership of land includes the right to all air above the property. Until the advent of the airplane, this right was u . . . View Full Definition
Minerals: Trace elements required for normal metabolism, as components of cells and tissues, and in nerve conduction and muscle contraction.