LAW102_Session 4_HiepTH9

Real Property

• Includes lands, buildings, and fixtures

• If a tenant fails to pay rent, the landlord may _______

• The right to dig or min the earth beneath the surface of realty is called....

• Surface rights include the right to ______

All vegetation growing on land is classified as real property.

• True

• False

Property that is not land or affixed to land; everything that is not real property: Personal Property

• True

• False

Anything that is subject to ownership.

• Personal Property

• Property

• Real Property

• Tenancy

An estate with no right of suvivorship owned by mored than one person. Each owner has a distinct, proportionate undivided interest in the property which is freely transferable and subject to creditor's claims.

• Title Insurance

• Joint Tenancy

• Title Search

• Tenancy in Common

Land and what ever is erected or growing on it or affixed to it (trees, fences, house)

• Real Property

• Foreclosure

• Property

• Personal Property

Property unintentionally left with no intention to discard it.

• Abandoned property

• Accession

• Bailment

• Lost property

Personal property becomes real property only if the one installing the personal property intended it to become real property.

• True

• False

A running stream is considered:

• Personal property.

• Real property.

• A fixture.

• A chattle.

Growing trees, fences, and buildings are all considered

• chattels.

• land.

• fixtures.

• real estate.