Sign In

Chapter 2 Review

admin 2019.05.04 21:21 Views : 269

The Constitution guarantees private ownership of real estate. However, ownership rights are not absolute; others may exert claims against one's property.

Land - surface, all natural things attached to it, subsurface, and air above the surface

Real estate - land plus all permanently attached man-made structures, called improvements

Property - something that is owned by someone, and the associated rights of ownership; property is real or personal, tangible or intangible

Real property rights - the bundle of rights associated with owning a parcel of real estate. Foremost of these rights is the right of possession. 

An item may be real or personal property depending on the "attachment" criterion and other circumstances.

Fixtures - real property converted from personal property by attachment to real estate 

Trade fixtures - personal property items temporarily attached to real estate in order to conduct business; to be removed at some point 

Emblements - plants or crops considered personal property since human intervention is necessary for planting, harvesting 

Conversion - transforming real to personal property through severance, or personal to real property through affixing 

End of Page
No. Subject Author Date Views
220 Real Estate Law 15 admin 2019.05.06 258
219 Quiz 3 admin 2019.05.05 9375
218 Chapter 3 Summary admin 2019.05.05 268
217 Real Estate Law 14 admin 2019.05.05 356
216 Real Estate Law 13 admin 2019.05.05 248
215 Real Estate Law 12 admin 2019.05.05 259
214 Real Estate Law 11 admin 2019.05.05 217
213 Real Estate Law 10 admin 2019.05.05 260
212 Real Estate Law 9 admin 2019.05.05 215
211 Real Estate Law 8 admin 2019.05.05 254
210 Real Estate Law 7 admin 2019.05.05 259
209 Quiz Law 2 admin 2019.05.04 32964
208 Chapter 2 Review (5) file admin 2019.05.04 316
207 Chapter 2 Review (4) admin 2019.05.04 258
206 Chapter 2 Review (3) admin 2019.05.04 265
205 Chapter 2 Review (2) admin 2019.05.04 476
» Chapter 2 Review admin 2019.05.04 269
203 Real Estate Law 6 admin 2019.05.04 296
202 Real Estate Law 5 admin 2019.05.04 243
201 Real Estate Law 4 admin 2019.05.04 412
Requesting to the server, please wait.