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Real Estate

TermDefinition
Land Land is the earths subsurface rights below and air rights is the air above .
Real estate Is land and it’s improvements
Real Property Land +improvements +the bundle of rights . DEEPC -disposition to sell will or transfer .Enjoyment use the property in any lawful way . Exclusion to keep others from entering the property. Possession n your right of possession Control the property lawfully
Personal property Aka Chattel moveable . Chattel is sold on a bill of sale . Seasonal chattel such as pepper plants they don’t return to life is considered Personal Property . Trees, bushes etc is Real Property .
Created by: Green5th
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