An item of personal property that has been converted to real property by being permanently affixed to the realty.
Special Purpose Real Estate
churches, schools, cemeteries, and government-held lands
Propriety lease
the lease given to shareholders in a cooperative
Disposition
Right to encumber
Control
Right to determine interest of property
,Accession
Acquiring title to additions or improvements to real property as a result of a lease ending
PITI
Principal, Interest, Taxes, Insurance
Exclusion
ability to legally refuse others interest
Yes
Are Fixtures real property?
third
Mortgage interest on a ____ home affects tax returns
,Improvement
any artificial thing attached on or below ground, such as a building, fence, water line or sewer pipe, as well as
growing things that are made part of the landscaping.
Deed
A document that transfers ownership of property from one party to another.
federally related transaction
Appraisals are required for
Condo
An individually owned unit in an apartment-style complex with shared ownership of common areas.Owned in fee
simple + undivided joint interests
monetary policy
factor in supply
, Old english law
Bundle of legal rights comes from
Fructus Industriales
An Emblements, considered real property, plant or crop that require annual cultivation
Enjoyment
possession without harassment or interference
Broker
Point of contact between 2 or more people in negotiating the sale, rental or purchase
FEMA
administers the national flood insurance program