The term signifies something attached to a property that transfers with it upon sale. This inclusion enhances the property’s utility or value. For example, a right-of-way across a neighboring parcel to access a landlocked lot is considered related. Similarly, mineral rights associated with a property typically transfer to the new owner unless explicitly excluded in the sale agreement. Other examples include easements, fixtures (items permanently attached to the property), and certain outbuildings.
Understanding such connections is vital in property transactions. They can significantly impact a property’s value and usability. A clear comprehension minimizes disputes and ensures that both buyers and sellers are fully aware of what is included in the sale. Historically, determining whether something constitutes one has been a source of legal contention, underscoring the necessity of clear documentation and legal advice.
