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Dockominium
{{no footnotes, date=September 2019 A dockominium is the water-based version of a Condominium (living space), condominium; rather than owning an apartment in a building, one owns a Slipway, boat slip on the water. The term is a portmanteau of "dock" and "condominium." In addition to the exclusive right to use the boat slip, ownership also provides one with the right to use the common elements of the marina, much the same as one would have the right to use the common areas in a residential condominium development. Also, unit owners may use, rent, or sell their unit at any time, subject to association approval. Dockominium Similar to a condominium, a management company manages the common areas and provides all required services such as maintenance, security, insurance, bookkeeping, legal, and overall management and supervision of the dockominium facility. A monthly fee is charged to cover these expenses. Typically, water is included, while electricity and cable, etc. are billed sepa ...
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Condominium (living Space)
A condominium (or condo for short) is an ownership structure whereby a building is divided into several units that are each separately owned, surrounded by common areas that are jointly owned. The term can be applied to the building or complex itself, as well as each individual unit within. Residential condominiums are frequently constructed as apartment buildings, but there are also rowhouse style condominiums, in which the units open directly to the outside and are not stacked, and on occasion "detached condominiums", which look like single-family homes, but in which the yards (gardens), building exteriors, and streets as well as any recreational facilities (such as a pool, bowling alley, tennis courts, and golf course), are jointly owned and maintained by a community association. Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, ...
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Slipway
A slipway, also known as boat ramp or launch or boat deployer, is a ramp on the shore by which ships or boats can be moved to and from the water. They are used for building and repairing ships and boats, and for launching and retrieving small boats on trailers towed by automobiles and flying boats on their undercarriage. The nautical terms ways and skids are alternative names for slipway. A ship undergoing construction in a shipyard is said to be ''on the ways''. If a ship is scrapped there, she is said to be ''broken up in the ways''. As the word "slip" implies, the ships or boats are moved over the ramp, by way of crane or fork lift. Prior to the move the vessel's hull is coated with grease, which then allows the ship or boat to "slip" off of the ramp and progress safely into the water. Slipways are used to launch (newly built) large ships, but can only dry-dock or repair smaller ships. Pulling large ships against the greased ramp would require too much force. Therefor ...
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Portmanteau
A portmanteau word, or portmanteau (, ) is a blend of wordsGarner's Modern American Usage
, p. 644.
in which parts of multiple words are combined into a new word, as in ''smog'', coined by blending ''smoke'' and ''fog'', or ''motel'', from ''motor'' and ''hotel''. In , a portmanteau is a single morph that is analyzed as representing two (or more) underlying s. When portmanteaus shorten es ...
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Marina
A marina (from Spanish , Portuguese and Italian : ''marina'', "coast" or "shore") is a dock or basin with moorings and supplies for yachts and small boats. A marina differs from a port in that a marina does not handle large passenger ships or cargo from freighters. The word ''marina'' may also refer to an inland wharf on a river or canal that is used exclusively by non-industrial pleasure craft such as canal narrowboats. Emplacement Marinas may be located along the banks of rivers connecting to lakes or seas and may be inland. They are also located on coastal harbors (natural or man made) or coastal lagoons, either as stand alone facilities or within a port complex. History In the 19th century, the few existing pleasure craft shared the same facilities as trading and fishing vessels. The marina appeared in the 20th century with the popularization of yachting. Facilities and services A marina may have refuelling, washing and repair facilities, marine and boat chandlers, ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Property Tax
A property tax or millage rate is an ad valorem tax on the value of a property.In the OECD classification scheme, tax on property includes "taxes on immovable property or net wealth, taxes on the change of ownership of property through inheritance or gift and taxes on financial and capital transactions" (see: ), but this article only covers taxes on realty. The tax is levied by the governing authority of the jurisdiction in which the property is located. This can be a national government, a federated state, a county or geographical region or a municipality. Multiple jurisdictions may tax the same property. Often a property tax is levied on real estate. It may be imposed annually or at the time of a real estate transaction, such as in real estate transfer tax. This tax can be contrasted to a rent tax, which is based on rental income or imputed rent, and a land value tax, which is a levy on the value of land, excluding the value of buildings and other improvements. Under a p ...
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Public Trust Doctrine
The public trust doctrine is the principle that the sovereign holds in trust for public use some Natural resource, resources such as shoreline between the high and low tide lines, regardless of private property ownership. Origins The Roman law, ancient laws of the Byzantine Emperor Justinian held that the sea, the shores of the sea, the air and running water were common to everyone. The Coast, seashore, later defined as waters affected by the ebb and flow of the tides could not be appropriated for private use and was open to all. This principle became the law in England as well. Centuries later, ''Magna Carta'' further strengthened public rights. At the insistence of English Nobility, nobles, fishing weirs which obstructed free navigation were to be removed from rivers. These rights were further strengthened by later laws in England and subsequently became part of the common law of the United States. The Supreme Court first accepted the public trust doctrine in ''Martin v. Wadde ...
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Public Trust
The concept of public trust relates back to the origins of democratic government and its seminal idea that within the public lies the true power and future of a society; therefore, whatever ''trust'' citizens place in its officials must be respected. One of the reasons that bribery is regarded as a notorious evil is that it contributes to a culture of political corruption in which public trust is eroded. Other issues related to political corruption or betrayal of public trust are lobbying, special interest groups and the public cartel. United States In the United States "Public Trust" is a term of art referring to any public property which belongs to the whole of the people. Initially it was used within the formation of the government to refer to politicians who achieve power by election. In the United States Constitution, all members of Congress as well as the President, and Vice President are elected seats therein. The first state constitution drafted in the United States was ...
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Marina
A marina (from Spanish , Portuguese and Italian : ''marina'', "coast" or "shore") is a dock or basin with moorings and supplies for yachts and small boats. A marina differs from a port in that a marina does not handle large passenger ships or cargo from freighters. The word ''marina'' may also refer to an inland wharf on a river or canal that is used exclusively by non-industrial pleasure craft such as canal narrowboats. Emplacement Marinas may be located along the banks of rivers connecting to lakes or seas and may be inland. They are also located on coastal harbors (natural or man made) or coastal lagoons, either as stand alone facilities or within a port complex. History In the 19th century, the few existing pleasure craft shared the same facilities as trading and fishing vessels. The marina appeared in the 20th century with the popularization of yachting. Facilities and services A marina may have refuelling, washing and repair facilities, marine and boat chandlers, ...
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Coastal Construction
The coast, also known as the coastline or seashore, is defined as the area where land meets the ocean, or as a line that forms the boundary between the land and the coastline. The Earth has around of coastline. Coasts are important zones in natural ecosystems, often home to a wide range of biodiversity. On land, they harbor important ecosystems such as freshwater or estuarine wetlands, which are important for bird populations and other terrestrial animals. In wave-protected areas they harbor saltmarshes, mangroves or seagrasses, all of which can provide nursery habitat for finfish, shellfish, and other aquatic species. Rocky shores are usually found along exposed coasts and provide habitat for a wide range of sessile animals (e.g. mussels, starfish, barnacles) and various kinds of seaweeds. Along tropical coasts with clear, nutrient-poor water, coral reefs can often be found between depths of . According to a United Nations atlas, 44% of all people live within 5 km (3.3mi) of ...
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