Real and Commercial Property

real property is

• land and everything that is attached to the land

• any property you own that is movable

• property that is used for a business

• different zones set up by the government for how land can be used

personal property is

• different zones set up by the government for how land can be used

• land and everything that is attached to the land

• Any property you own that is movable

• property that is used for a business

commercial property is

• property that is used for a business

• different zones set up by the government for how land can be used

• land and everything that is attached to the land

• Any property you own that is movable

zoning regulations are

• Any property you own that is movable

• property that is used for a business

• different zones set up by the government for how land can be used 

• land and everything that is attached to the land

what is regularly used to buy property?

• mortgage loan

• car loan

• auto loan

• personal loan

a tax that you must pay if you own land

• property tax

• excise tax

• sales tax

• income tax

opportunity costs are

• the value of something that is given up when making a decision

• the most important factor that affects supply/demand

• the ability to produce a product with lower opportunity costs than another country

• different zones set up by the government for how land can be used

the appraisal district

• inspects your house

• sells your house

• buys your house

• puts a value on your house

building permits are

• special permission from the government to modify your property

• a tax that you must pay if you own land

• different zones set up by the government for how land can be used

• rules that you have to follow as a property owner such as yard maintenance

building codes are

• different zones set up by the government for how land can be used

• special permission from the government to modify your property

• rules that you have to follow as a property owner, such as yard maintenance

• a tax that you must pay if you own land