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Define Reliction in Real Estate
Reliction:
Reliction is the gradual withdrawal of water from a property, which can cause the property's boundaries to change over time. This can happen when a body of water, such as a river or lake, recedes or dries up, leaving behind land that was previously covered by water.
Example:
Let's say you own a property that borders a river. Over time, the river gradually recedes, leaving behind land that was previously covered by water. As the river recedes, your property's boundaries may change, and you may gain additional land that was previously part of the river.
"A Deep Dive for Real Estate Agents and Appraisers"
It's important to note that the process of reliction can take many years, and the changes to a property's boundaries may be subtle and difficult to detect.
The opposite of reliction is accretion, which is the gradual addition of land to a property as a result of the natural processes of erosion or deposition. This can occur when a river or other body of water deposits sediment onto a property, gradually increasing its size and changing its boundaries over time.
The occurrence of reliction and accretion can vary depending on the location and the specific body of water involved. In some areas, such as river deltas and coastlines, these processes may be more common due to the natural geography and topography of the region. In other areas, such as dry climates or inland areas with few bodies of water, these processes may be less common.
While reliction and accretion may not be a common occurrence in every location, it is still important for real estate professionals and property owners to be aware of these processes and their potential impact on property boundaries and values. Being knowledgeable about these natural processes can help real estate professionals to accurately assess a property's value and to advise clients on important issues related to property ownership and boundaries.
"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"
Reliction, water slowly gone,
Land left behind, boundary redrawn,
Accretion, land slowly gained,
Water brought in, new land attained.