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15 Cards in this Set
- Front
- Back
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A column of land six miles wide, determined by a government survey, running in a north-south direction, lying east or west of a principal meridan.
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Range
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Personal property that has become permanently attached to the land or improvements that are legally treated as real property.
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Fixtures
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Personal property used in a business, attached to the property, but removable by the tenant.
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Trade Fixtures
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A structure of two or more units where the interior airspace of each unit is individually owned; the balance of land and improvements is owned in common by all the owners.
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Condominium
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Imaginary north-south lines used in U.S. government surveys.
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Meridan Lines
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Property tha is movable and not real property.
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Personal Property
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A written instrument that passes title of personal property from vendor (seller) to the vendee (buyer)
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Bill of Sale
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An amount,usually a percentage, paid to a brooker as compensation for their services.
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Commission
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A legal description of land, setting forth all the boudary lines with their termainal points and angles.
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Metes and Bounds
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All of the legal rights relevant to ownership of property including rights of use, possession, encumbering, and disposition.
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Bundle of Rights
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In the survey of public lands, a territorial subdivision six miles long, six miles wide and containing 36 sections, each one square mile.
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Township
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Land, improvements, items permanetly attached to the land, appurtenances and that which is immovable by law.
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Real Property
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A personal property interest in real property; an old term meaning personal property.
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Chattel of Chattel Real
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An area of land equaling 43,560 square feet, or a tract about 208.71 feet square.
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Acre
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The right of a landowner, whose land borders a stream or waterway, to use and enjoy the water, provided such use does not injure the rights of other owners.
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Riparian Rights
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