Business / Real Estate / Right-Of-Way
Right-Of-Way: The right given by one landowner to another to pass over the land, construct a roadway or use as a pathway, without actually transferring ownership.
Servient Tenement: Land on which an easement exists in favor of an adjacent property (called a dominant tenement or estate), also called a servient estate. If property A has a right-of-way across property B, p . . . View Full Definition
Prescription: Acquiring a right in property, usually in the form of an intangible property right such as an easement or right-of-way, by means of adverse use of property that is continuous and uninterrupt . . . View Full Definition
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Income Tax: Common stock with a high dividend yield and few profitable investment opportunities.