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8 Cards in this Set
- Front
- Back
Bundle of legal rights |
Possession, enjoyment, control, disposition |
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What is property |
Consists of things plus the right of ownership. |
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What are the two property categories |
Real property and personal property |
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What is another name for property |
Chattels |
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Bill of sale |
How ownership in personal property is transferred |
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Deed |
How real property is transferred |
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Real estate |
The land itself + things perm attached to the land by man or nature |
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Appurtenances |
Any right interest or improvement which automatically conveys with ownership of the property. |