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
No. | Subject | Author | Date | Views |
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220 | Real Estate Law 15 | admin | 2019.05.06 | 231 |
219 | Quiz 3 | admin | 2019.05.05 | 9349 |
218 | Chapter 3 Summary | admin | 2019.05.05 | 249 |
217 | Real Estate Law 14 | admin | 2019.05.05 | 335 |
216 | Real Estate Law 13 | admin | 2019.05.05 | 222 |
215 | Real Estate Law 12 | admin | 2019.05.05 | 227 |
214 | Real Estate Law 11 | admin | 2019.05.05 | 197 |
213 | Real Estate Law 10 | admin | 2019.05.05 | 242 |
212 | Real Estate Law 9 | admin | 2019.05.05 | 192 |
211 | Real Estate Law 8 | admin | 2019.05.05 | 225 |
210 | Real Estate Law 7 | admin | 2019.05.05 | 225 |
209 | Quiz Law 2 | admin | 2019.05.04 | 32948 |
208 | Chapter 2 Review (5) | admin | 2019.05.04 | 294 |
207 | Chapter 2 Review (4) | admin | 2019.05.04 | 234 |
206 | Chapter 2 Review (3) | admin | 2019.05.04 | 251 |
205 | Chapter 2 Review (2) | admin | 2019.05.04 | 449 |
» | Chapter 2 Review | admin | 2019.05.04 | 255 |
203 | Real Estate Law 6 | admin | 2019.05.04 | 273 |
202 | Real Estate Law 5 | admin | 2019.05.04 | 216 |
201 | Real Estate Law 4 | admin | 2019.05.04 | 386 |