Property — definition?
Legal rights and interests in items.
Real vs Personal Property — difference?
Real is land and attachments; personal is movable items.
Ownership Rights — include?
Possess, use, transfer, exclude.
Property — definition?
Legal rights and interests in items.
Real Property — includes?
Land and permanently attached items.
Personal Property — includes?
Movable tangible and intangible assets.
Fixtures — definition?
Personal items attached to real estate.
Title — role?
Legal evidence of ownership.
Possession — significance?
Physical control, may not equal ownership.
Property types — what distinguishes?
Attachment and movability determine real or personal.
Answer 10 questions on Understanding Property Law Fundamentals.
1. What does property mean in legal terms?
2. According to the course content, what does 'real property' specifically include?
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