The Constitution guarantees private ownership of real estate. However, ownership rights are not absolute; others may exert claims against one's property.
Land - surface, all natural things attached to it, subsurface, and air above the surface
Real estate - land plus all permanently attached man-made structures, called improvements
Property - something that is owned by someone, and the associated rights of ownership; property is real or personal, tangible or intangible
Real property rights - the bundle of rights associated with owning a parcel of real estate. Foremost of these rights is the right of possession.
An item may be real or personal property depending on the "attachment" criterion and other circumstances.
Fixtures - real property converted from personal property by attachment to real estate
Trade fixtures - personal property items temporarily attached to real estate in order to conduct business; to be removed at some point
Emblements - plants or crops considered personal property since human intervention is necessary for planting, harvesting
Conversion - transforming real to personal property through severance, or personal to real property through affixing
No. | Subject | Date | Views |
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Notice | 부동산 용어사전 | 2019.04.15 | 2075 |
Notice | 부동산 용어 (A to Z) | 2019.03.03 | 1321 |
261 | Real Estate Law 25 | 2019.05.07 | 79 |
260 | Real Estate Law 24 | 2019.05.07 | 96 |
259 | Real Estate Law 23 | 2019.05.07 | 94 |
258 | Real Estate Law 22 | 2019.05.07 | 85 |
257 | Quiz 4 | 2019.05.06 | 6179 |
256 | Real Estate Law 21 | 2019.05.06 | 87 |
255 | Real Estate Law 20 | 2019.05.06 | 99 |
254 | Real Estate Law 19 | 2019.05.06 | 99 |
253 | Real Estate Law 18 | 2019.05.06 | 98 |
252 | Real Estate Law 17 | 2019.05.06 | 96 |
251 | Real Estate Law 16 | 2019.05.06 | 106 |
250 | Real Estate Law 15 | 2019.05.06 | 113 |
249 | Quiz 3 | 2019.05.05 | 7918 |
248 | Chapter 3 Summary | 2019.05.05 | 153 |
247 | Real Estate Law 14 | 2019.05.05 | 237 |
246 | Real Estate Law 13 | 2019.05.05 | 94 |
245 | Real Estate Law 12 | 2019.05.05 | 104 |
244 | Real Estate Law 11 | 2019.05.05 | 111 |
243 | Real Estate Law 10 | 2019.05.05 | 84 |
242 | Real Estate Law 9 | 2019.05.05 | 100 |
241 | Real Estate Law 8 | 2019.05.05 | 112 |
240 | Real Estate Law 7 | 2019.05.05 | 127 |
239 | Quiz Law 2 | 2019.05.04 | 5671 |
238 | Chapter 2 Review (5) | 2019.05.04 | 166 |
237 | Chapter 2 Review (4) | 2019.05.04 | 131 |
236 | Chapter 2 Review (3) | 2019.05.04 | 161 |
235 | Chapter 2 Review (2) | 2019.05.04 | 163 |
» | Chapter 2 Review | 2019.05.04 | 134 |
233 | Real Estate Law 6 | 2019.05.04 | 158 |
232 | Real Estate Law 5 | 2019.05.04 | 122 |