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8 Cards in this Set

  • Front
  • Back

Bundle of legal rights

Possession, enjoyment, control, disposition

What is property

Consists of things plus the right of ownership.

What are the two property categories

Real property and personal property

What is another name for property

Chattels

Bill of sale

How ownership in personal property is transferred

Deed

How real property is transferred

Real estate

The land itself + things perm attached to the land by man or nature

Appurtenances

Any right interest or improvement which automatically conveys with ownership of the property.