Flashcards: Understanding Property Law Fundamentals — 10 cartões

Todos os cartões

1Pergunta

Property — definition?

Resposta

Legal rights and interests in items.

2Pergunta

Property — definition?

Resposta

Legal rights and interests in items.

3Pergunta

Real vs Personal Property — difference?

Resposta

Real is land and attachments; personal is movable items.

4Pergunta

Real Property — includes?

Resposta

Land and permanently attached items.

5Pergunta

Ownership Rights — include?

Resposta

Possess, use, transfer, exclude.

6Pergunta

Personal Property — includes?

Resposta

Movable tangible and intangible assets.

7Pergunta

Fixtures — definition?

Resposta

Personal items attached to real estate.

8Pergunta

Title — role?

Resposta

Legal evidence of ownership.

9Pergunta

Possession — significance?

Resposta

Physical control, may not equal ownership.

10Pergunta

Property types — what distinguishes?

Resposta

Attachment and movability determine real or personal.

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1. What does property mean in legal terms?

2. What does the term 'property' primarily refer to in property law?

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