How is Lake Access defined in a legal contract?
- Lake Access means permission to enter and utilise a surplus piece of land for activities that are usually done at a lake such as swimming, boating, and fishing. This also includes the privilege to build a dock for up to two boats as permitted by the governing authority. Seen in 4 SEC filings
- Lake Access means designated places to initiate watercraft onto water bodies. Seen in 1 SEC Filing
- Lake Access means a land, parcel, or lot that borders a lake or pond that is used or planned to be used to provide a way for pedestrians or vehicles to get to and from land offshore. Seen in 1 SEC Filing
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Lake Access means permission to enter and utilise a preset land for leisure activities related to lakes, including launching watercrafts.
Relevant Contract Types
Relevant Circumstances
- Purchase or lease of land with access to a lake
- Construction of leisure facilities at a lake
- Property development projects including lake access features
Relevant Sectors
Genie Definition 2
Lake Access means a parcel of land bordering a lake, used to facilitate access between offshore land and a lake.
Relevant Contract Types
Relevant Circumstances
- Granting of access rights over a property to a third party
- Purchase or development of land with a lake and offshore land
- Negotiation of water usage or access rights
Relevant Sectors
Lake Access means permission to enter and utilise a preset land for leisure activities related to lakes, including launching watercrafts
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