Profit (real Property) - Creation

Creation

Like an easement, profits can be created expressly by an agreement between the property owner and the owner of the profit, or by prescription, where the owner of the profit has made "open and notorious" use of the land for a continuous and uninterrupted statutory period.

Read more about this topic:  Profit (real Property)

Famous quotes containing the word creation:

    “The very austerity of the Brahmans is tempting to the devotional soul, as a more refined and nobler luxury. Wants so easily and gracefully satisfied seem like a more refined pleasure. Their conception of creation is peaceful as a dream.”
    —Henry David Thoreau (1817–1862)

    “The human spirit is itself the most wonderful fairy tale that can possibly be. What a magnificent world lies enclosed within our bosoms! No solar orbit hems it in, the inexhaustible wealth of the total visible creation is outweighed by its riches!”
    —E.T.A.W. (Ernst Theodor Amadeus Wilhelm)

    “Without culture, and the relative freedom it implies, society, even when perfect, is but a jungle. This is why any authentic creation is a gift to the future.”
    —Albert Camus (1913–1960)