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Two Categories of property |
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Definition
Real Property and Personal Property |
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Term
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things plus the rights of ownership |
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Definition
another name for Personal property distinguishing characteristic-mobility |
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Definition
sale of personal property |
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Deed applies to the sale of |
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Definition
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Definition
land plus things attached to the land by nature or by man and the legal rights of ownership that go with that land |
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Definition
things permenently affixed to land |
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Term
Land is 3 dimentional-what are the parts |
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Definition
Subsurface rights (Earths center, surface, air rights (indefinate hights) |
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grown naturally and require no annual cultivation-considered real property and automatically go with the land |
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fructus industriales (AKA Emblements) |
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crops-harvested periodically considered personal property |
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Definition
artificial attachments to land (example:fence, driveway pools and mobile homes if attached to land) |
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