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4 Cards in this Set

  • Front
  • Back

Real Estate Property

Land + Fixed improvements (fixtures) such as buildings fences wells and other site improvements.

Personal Property or Chattel

Items not permanently fixed to land such as furnishings and appliances. These are movable items.

Act : Session 1(1)

Real estate means (1)real property (2)leasehold property (3)portable dwelling used as a residence

1)Residential Real Estate

Bldgs used as dwellings +one or more occupants +own lease rent property &surrounding land +urban or rural +Detached houses Town Homes Duplexes Condominiums