Chapter 2 vocab

Question 1

an article installed by a tenant under a commercial lease and removable before the lease expires

Answer 1

Trade fixture

Question 2

Any property that is not real property

Answer 2

Personal property

Question 3

increases in the land, resulting from the deposit of soil by the natural action of water

Answer 3

Accretion

Question 4

Ownership of all legal rights to the land: control, possession, exclusion, enjoyment, and disposition

Answer 4

Bundle of legal rights

Question 5

The interest, benefits, and rights automatically included in the ownership of land and real estate

Answer 5

Real property

Question 6

The right to use the open space above the surface of a property

Answer 6

Air rights

Question 7

common law rights granted to owners of land along the course of a river, stream, or similar body of water

Answer 7

Riparian rights

Question 8

Ownership rights in the water, minerals, gas, and oil that lie beneath a parcel of land

Answer 8

Subsurface rights

Question 9

personal property that is converted to real property by being permanently attached to the real estate (i.e. chandelier, new installed kitchen granite, newly bought appliances)

Answer 9

Fixture

Question 10

any structure or modification erected or imposed on a site

Answer 10

Improvement

Question 11

changing an item of real estate to personal property by detaching it from the land

Answer 11

Severance

Question 12

ownership rights excluding air or mineral rights

Answer 12

Surface rights

Question 13

Common law, right of owners of land, next to rivers, lakes, or oceans

Answer 13

Water rights

Question 14

another name for personal property

Answer 14

Chattels

Question 15

growing crops, such as corn or soy beans, that remain personal property

Answer 15

Emblements