Chapter 5: What Is Real Estate? KEY TERMS REVIEW 2 Flashcards
1
Q
Incorporeal
A
intangible
2
Q
Land
A
3
Q
Littoral rights
A
land bordering bodies of water affected by tides
4
Q
Mineral rights
A
subsurface rights
5
Q
Parcel
A
specific tract of land
6
Q
Personal property, personalty
A
everything that is not real property
7
Q
Real estate
A
land, improvements, and bundle of rights
8
Q
Real property, realty
A
synonyms for real estate
9
Q
Reliction
A
creation of dry land by the gradual withdrawal of water
10
Q
Riparian rights
A
use of water by adjoining landowners
11
Q
Subsurface rights
A
ownership of minerals, oil, and so on
12
Q
Trade fixture
A
removable by tenants