Land and land rights definition

Land and land rights means land owned in fee by the utility and rights, interests, and privileges held by the utility in land owned by others, such as leaseholds, easements, water rights, diversion rights, submersion rights, rights of way, and other like interests in land.
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Examples of Land and land rights in a sentence

  • Land and land rights should be reported separately with land reported by situs (location) and total investment in land rights reported for reconciliation purposes only.The property values determined on this form are to be posted to CAB-03 Form, County Property Summary.

  • Land and land rights, including permanent improvements, are not depreciated.

  • Land and land rights other than that acquired for or in connection with General PP&E, land acquired via the public domain, or land acquired at no cost.

  • Land and land rights owned by the Federal Government acquired for or in connection with items of general property, plant, and equipment (PP&E).

  • Depreciation is performed on a straight-line basis over the expected useful lives of the respective assets as follows: Land and land rights and buildings, including buildings on third-party land over 20 to 50 years; technical equipment and machinery over 3 to 25 years, and other equipment, operating and office equipment over 4 to 8 years.

  • Land and land rights do not have the same depreciation rate aspoles and fixtures.

  • Land and land rights; structures and improvements; station equipment; poles, towers, and fixtures; overhead conductors and fixtures; underground conduits; underground conductors and devices; transformers; system protection; and cables, conductors, conduits, poles and apparatus of every sort by which electric energy is transmitted to customer electrical installations.

  • Land and land rights are not depreciated.Other property, plant & equipment and intangible assets are depreciated/amortised on the straight-line basis at annual rates estimated to write off the assets over their expected useful lives.

  • A summary of changes in Gas Plant follows: Transmission Plant Land and land rights included in the above totals are not depreciated.

  • Land and land rights acquired for, or in connection with, General PP&E shall be included in General PP&E.

Related to Land and land rights

  • Public Rights-of-Way means the area on, below, or above a public roadway, highway, street, public sidewalk, alley, waterway, or utility easements dedicated for compatible uses.

  • Land means the land described in Exhibit A.

  • Land Registry means the Land Registry of England and Wales.

  • Lands means the purchase of real property or interest in real property.

  • the Land means the land (including for the avoidance of doubt all buildings, structures landscaping and other erections) situated at and known as Xxx Xxxx Xxxxxx Xxxxxxx Xxxx Xxxxx Xxxxxxxx XX0 0XX;

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Public right-of-way means only the area of real property in which the City has a dedicated or acquired right-of-way interest in the real property. It shall include the area on, below or above the present and future streets, alleys, avenues, roads, highways, parkways or boulevards dedicated or acquired as right-of-way. The term does not include the airwaves above a right-of-way with regard to wireless telecommunications or other non-wire telecommunications or broadcast service, easements obtained by utilities or private easements in platted subdivisions or tracts.

  • Water Rights means: (1) with respect to any Person, all of such Person’s right, title and interest in and to any water stock, permits or entitlements and any other water rights related to or appurtenant to property owned or leased by such Person, and (2) with respect to any property, any water stock, permits or entitlements and any other water rights related to or appurtenant to such property.

  • Mining Rights means, without limitation, freehold title, fee title, leases, concessions, patented mining claims and millsites, unpatented mining claims and millsites, prospecting and exploration rights, mining and mineral rights, in respect of the Material Properties, or other conventional property or proprietary interests or rights, recognized in the jurisdiction in which the Material Properties are located.

  • Rights-of-Way means easements, licenses, rights-of-way, permits, servitudes, leasehold estates, instruments creating an interest in real property, and other similar real estate interests.

  • Land Records means the property records maintained by the Recorder of Deeds for the District of Columbia.

  • Easement means an acquired legal right for the specific use of land owned by others.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Crown lands has the same meaning as is given to that term by the Land Act;

  • land use means the purpose for which land is or may be used lawfully in terms of a land use scheme, existing scheme or in terms of any other authorisation, permit or consent issued by a competent authority, and includes any conditions related to such land use purposes;

  • land use scheme means the land use scheme adopted and approved in terms of Chapter 3 and for the purpose of these By-laws include an existing scheme until such time as the existing scheme is replaced by the adopted and approved land use scheme.

  • Land use plan means a plan prepared under former 1921 PA 207, former 1943 PA 184, or a site plan under the Michigan zoning enabling act, 2006 PA 110, MCL 125.3101 to 125.3702.

  • Community land trust means a community housing development organization whose (i) corporate

  • Said Land shall have the meaning ascribed to such term in Paragraph I above and which is more fully and particularly described in the First Schedule written hereunder and delineated and demarcated in Annexure – A hereto;

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Mineral means gas, oil, and coal; other gaseous, liquid, and solid hydrocarbons; oil shale; cement material; sand and gravel; road material; building stone; chemical raw material; gemstone; fissionable and nonfissionable ores; colloidal and other clays; steam and other geothermal resources; and any other substance defined as a mineral by a law of this state.

  • Crown land means land in which there is a Crown interest or a Duchy interest;

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.