Asked by Casey Jones on Sep 30, 2024
The term ________ is used to describe the nature of a person's ownership interest in real property.
A) tenancy
B) fixture
C) estate
D) easement
Real Property
Land and anything permanently attached to it, such as buildings and structures, distinct from personal property or movable possessions.
Tenancy
General term indicating a possessory interest in property. In landlord–tenant law, a property owner’s conveyance to another person of the right to possess the property exclusively for a period of time.
Estate
All the money, property, and assets owned by an individual at the time of their death, which may be subject to probate and taxation.
- Gain insight into the legal doctrines that govern the holding and passing on of real estate, including the concepts of joint tenancy, tenancy in common, and tenancy by the entirety.
Learning Objectives
- Gain insight into the legal doctrines that govern the holding and passing on of real estate, including the concepts of joint tenancy, tenancy in common, and tenancy by the entirety.