Estates - Part 2
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English law has retained the common law distinction between real property and personal property. In English law real property is not confined the ownership of property and the building sited thereon. Real property also includes many ____________ _______________ between individuals or owners of the land that are purely _______________. For example, an ____________ - where the owners of one property may enjoy to right to pass over a neighboring property.
- legal relationships
The legal agreement for the right to occupy a dwelling is called a .....
Name some types of housing tenure
- Housing Co-op
- Public housing
In the US sq footage does not include ....
the garage and other non-living areas
In Europe sq. meters includes
garage and non-living areas
For a room to be considered a bedroom, it must have .......
A studio apartment is one with a
single bedroom, maybe a kitchen.
this type of personal property cannot be touched, moved, or felt but represent something of value, i.e.securities, goods...
Intangible personal property
Which depreciates quicker, personal property or land?
Personal property. Land does not depreciate.
A device to secure real rights against a property. These real rights follow the property along with ownership.
Cirius est solum, ejus est usque ad caelum et ad inferos.
To whoever owns the land, shall belong the earth to its center and up to the heavens.
Preceedings held to determine the relative priority of claims to water rights are known as....
Law applicable in jurisdictions where the object is located.
Law applicable in jurisdictions where a legal action is brought.
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