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5 Cards in this Set
- Front
- Back
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2 types of property
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1. Personal
2. Realty |
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Property
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-Anything that is NOT realty (land)
-Known as chattel -Trasferred by a bill of sale -Emblement |
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What is land?
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From the core of the earth upward in the shape of a cone including sub-surface, surface and airspace into infinity. Including fructus naturales.
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What is Real Estate?
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1.Land, including improvements or fixures.
2.Tangible or corporeal appurtenances. 3.Fructus industriales (crops planted by humans) 4.Emblements (fruits from the annual crops) |
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3 types of Realty
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1.Land
2.Real Estate 3.Real Property |
