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WorksheetsUNIT 2: REAL PROPERTY, TEXAS REAL ESTATE
Total questions: 21
Worksheet time: 11mins
An article that was once personal property but has been so affixed to land or to a building that the law construes it to be part of the real estate.
Bundle of Legal Rights
Improvement
Fixture
Emblements
Acquiring property that started as trade fixtures and were not removed by a tenant at the expiration of the lease.
Accession
Improvement
Real Estate
Surface Rights
The rights to use the air above the land, may also be sold or leased independently of the land.
Air Rights
Surface Rights
Subsurface Rights
Trade Fixture
Annual plantings or crops of wheat, corn, vegetables, and fruit generally considered personal property (fruits of industry).
Bundle of Legal Rights
Fructus Naturales
Reservation
Fructus Industriales
Changing personal property into real estate because they have become a permanent improvement on the land. For example, an owner buys cement, stones, and sand and constructs a concrete walk on his parcel of real estate, the component parts of the concrete, which were originally personal property, are converted into real estate.
Bundle of Legal Rights
Attachment
Improvement
Exception
Trees, perennial shrubbery, and grasses that do not require annual cultivation are considered real estate (fruits of nature).
Trade Fixture
Fructus Naturales
Fructus Industriales
Severance
Includes the right to control the property within the framework of the law, the right of exclusion (to keep others from entering or occupying the property), the right of possession, the right of disposition (to be able to sell or otherwise convey the property), and the right of enjoyment (to use the property in any legal manner). Within these ownership rights are included further rights: to mortgage or encumber; lease or license; cultivate or mine; will, dedicate, or give away; and share, trade, or exchange.
Land
Improvement
Personalty
Bundle of Legal Rights
The buildings erected on the land, as well as to streets, utilities, and sewers (called infrastructure) and other man-made additions to the property.
Improvement
Land
Personal Property
Emblements
Items of personal property. Includes such tangibles as chairs, tables, clothing, money, bonds, and bank accounts.
Personalty
Chattel
Land
Real Property
Earth’s surface to the center of the earth and the airspace above, including the trees and water.
Land
Subsurface Rights
Real Property
Real Estate
Personal property such as annual plantings or crops of wheat, corn, vegetables, and fruit known as fructus industrial.
Trade Fixture
Exception
Real Estate
Emblements
Is all property that does not fit the definition of real estate. Has the unique characteristic of being movable.
Real Property
Real Estate
Personal Property
Severance
Indicating a deficiency in the grantor’s title, such as a mineral interest held by a previous owner.
Exception
Reservation
Severance
Accession
Movable items not attached to real estate; items severed from real estate.
Personalty
Real Property
Trade Fixture
Fixture
Defined as a part of the earth, including the permanent additions or growing things attached to it, the airspace above it, and the minerals below it. Land plus permanent, human-made additions.
Real Property
Surface Rights
Trade Fixture
Real Estate
Land and anything permanently attached to it. Real estate plus “bundle of legal rights.”
Chattel
Personal Property
Personalty
Real Property
Indicating an interest being retained by the seller, such as a mineral right or an access easement.
Severance
Reservation
Air Rights
Attachment
To change an item of real estate to personal property. For example, a growing tree is real estate, but if the owner cuts down the tree for firewood, thereby severing it from the earth, the tree becomes personal property.
Severance
Trade Fixture
Land
Fructus Naturales
The rights to the natural resources below the earth’s surface. Texas recognizes as separate estates oil and gas (as one right) and other mineral rights.
Surface Rights
Air Rights
Subsurface Rights
Fructus Naturales
The rights to use the surface of the earth. Underground water is considered part of the surface estate.
Surface Rights
Subsurface Rights
Bundle of Legal Rights
Air Rights
An article owned by a tenant and attached to a rented space or building for use in conducting a business. Considered personal property of the tenant and, as such, must be removed on or before the expiration of the lease, without seriously damaging the building.
Fixture
Real Property
Trade Fixture
Emblements
