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10 Cards in this Set

  • Front
  • Back
Air rights
The right to use the open space above a property, generally allowing the surface to be used for another purpose.
Appurtnance
A right, privilege, or improvement belonging to, and passing with the land.
Bundle of legal rights
The concept of land ownership that includes ownership of all legal rights to the land—for example, possession, control within the law, and enjoyment.
Chattel (Personal property)
Items, called chattels, which do not fit into the definition of real property; movable objects.
Emblements
Growing crops, such as grapes and corn, which are produced annually through labor and industry; also call fructus industrials.
Fixture
An item of personal property that has been converted to real property by being permanently affixed to the realty.
Improvement
(1)Any structure, usually privately owned, erected on a site to enhance the value of the property for example, building a fence or driveway. (2)A publicly owned structure added to or benefiting land, such as a curb sidewalk, street, or sewer.
Land
The earth’s surface, extending downward to the center of the earth and upward infinitely into space, including things permanently attached by nature , such as trees and water.
Personal property
Items, called chattels, which do not fit into the definition of real properly; movable objects.
Severance
Changing an item of real estate to personal property by detaching it from the land; for example, cutting down a tree.