Definition of "Subsidence"

Subsidence is a term used in geology, engineering and surveying to denote the motion of a surface (usually, the earth's surface) downwards relative to a datum such as sea-level. In meteorology, subsidence refers to the movement of air downwards.

Comments for Subsidence

Vanessa Lee Vanessa Lee said:

what rights can a owner use to use water from a river or stream

Mar 31, 2019  22:09:01

 
Real Estate Agent

Hi, Vanessa! As you probably know, there are water rights that cover the usage of water. There are riparian rights and littoral rights. If your property has access to a river or stream, you can use the water freely for irrigation or for other purposes as long as the upstream and downstream neighbors are not affected. When a river is the border of your property, you own half of the land covered by the river (half of the river bad), too. The littoral rights refer to waterfront properties that have access to a lake or a sea - in short, navigable waters. Ownership stops at the level of high tide. 

Apr 02, 2019  06:21:35
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

A person who relies on another for economic support. For insurance purposes, the following may be included: the insured's legal spouse; any unmarried children younger than a specified age ...

Independent insurance salesperson who represents particular insurers but may also function as a broker by searching the entire insurance market to place an applicant's coverage to maximize ...

Type of universal variable life insurance policy that provides guideline premiums to be paid usually by the policy owner. Charges on a monthly basis usually include the cost of insurance, ...

Bankruptcy. If an insured business firm becomes bankrupt, the circumstance does not relieve an insurance company of its obligations under an insurance contract. ...

Affiliate of the national association of life underwriters (NALU) that supports legislators in the interest of the insurance agents. One becomes a member of LUPAC through a monetary ...

Coverage for a tenant with a favorable lease (enabling the lessee to rent premises for less than the market value). If the lease is canceled by the lessor because an insured peril (such as ...

Life insurance policy with a death benefit that is paid only when the second of two insureds dies. No benefits are paid as long as both live or if just one lives. ...

Rating method for commercial fire insurance according to a predetermined schedule. Published by A. F. Dean in 1902, this method was the first comprehensive qualitative analysis procedure to ...

Same as term agent of record: individual who has a contractual agreement with a policyowner. The agent of record has a legal right to commissions from the insurance policy. ...

Popular Insurance Questions