Ownership

Description

Ownership Chapter
Paul Sanford
Flashcards by Paul Sanford, updated more than 1 year ago
Paul Sanford
Created by Paul Sanford over 5 years ago
0
0

Resource summary

Question Answer
Allodial System System in which any individual who has the means can acquire rights to ownership
Bundle of Rights Possession Use or Control Enjoyment Disposition
Estate in Land refers to the quality, quantity, nature and extent of the ownership interest that a person holds in real property
Freehold Estates Estates that will last for an indefinite period of time.
Fee Simple Absolute Also called Fee Simple. One in which the owner possesses the entire bundle of rights
Show full summary Hide full summary

Similar

Forms of Business Ownership Quiz
Noah Swanson
Business Studies - AQA - GCSE - Types of Ownership
Josh Anderson
Key Terms: Branding and Promotion
Heather Jones
Ownership
Lewis Ablett
Business/Ownership Types
Samantha Mendez
Possessive Noun
Stephanie Constantino
Property Flash Cards
Paul Sanford
Co-ownership
Rozelle Joseph
Business Management - Yellow Topic
Sasha GoConqr
T H I S IS M I N E
Kris S
Ownership
AcidicLDSGamer