Local Records Office
The ownership of property is more complex that just who owns the deed or title to the land. There are actually numerous rights that are associated with all real estate. It is important for you to know your rights when it comes to the property that you own. While many people understand the concept of mineral rights or that which lies below your property, it is the rights above the land that may be less understood.
Your local records office can help you understand the rights you have to the air above your property and how it applies to what you actually own. While this may seem at first like a non-issue, it can become important if you decide to add a story to your home or construct a taller structure on your property. Plus, the air rights to your property can actually be used to make money depending on the circumstances.
How Air Rights can be Profitable
You may be surprised that you have rights above your property as well. Air rights are something that can be purchased and from which you can make a tidy profit as well depending on the circumstances. In many locations, it is not unusually for a property owner to purchase the air that is in front of their home so that they can continue to enjoy the view and not worry about obstructions that may be caused by neighbors. Plus, the overall value of their home is also raised because the view is now guaranteed. A neighbor who might be thinking of building up their property or adding a taller structure which may impede the view from your home now must get your permission first.
Our local records office representative will gladly discuss with you the rights that you currently have to your property as well as what can be purchased. This is because once owned, you can sell the air rights to your property for a considerable profit if a company is going to construct a structure that impedes upon these rights. However, you must know if you actually own them first before you can make the sale. This is why consultation is important to understand your rights in terms of the property that you currently own. A representative from the local records office can be quite helpful in answering your questions as well as informing you of the rights you have in general.
What is the Local Records Office?
This is an organization that is dedicated to creating customer reports in regards to the real estate that people own. The local records office will provide records as to the history of transactions to the property, the rights that are currently owned and the overall value as well. In this manner, a property owner can fully understand the real value of their property as well as the details about the surrounding community that you will need to know as well.
The information is gathered from a wide range of sources starting with the local, county and federal offices and will include a number of topics that range from basic demographics, criminal and foreclosure activity, educational opportunities and more. Your local records office is an essential part of understanding the real estate that you own.
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