Check Your Understanding - Answers
- What does the legal concept of land encompass?
- the surface area of the earth
- everything beneath the surface of the earth extending downward to its center
- all natural things permanently attached to the earth
- the air above the surface of the earth extending outward to infinity
- What are the three physical characteristics of land?
Immobility, indestructibility, and heterogeneity
- What does the legal concept of real estate encompass?
- Land
- All man-made structures that are "permanently" attached to the land
- What are the two classifications of property?
Real property and personal property