Property Law

Question 1

Property

Answer 1

Anything (physical or intangible) that can be owned by a person or entity

Question 2

adverse possession

Answer 2

A doctrine under which a person in possession of land owned by someone else may acquire valid title to it, so long as certain common law requirements are met

Question 3

chattel

Answer 3

A catch-all category of property mostly associated with movable goods.

Question 4

intangible property

Answer 4

Property without a physical existence

Question 5

landlord- tenant law

Answer 5

Governs the rental of commercial and residential property

Question 6

ownership

Answer 6

Having the legal right to use, possess, and give away property.

Answer 7

refers to land and is differentiated from personal property. Land, in its general usage, includes not only the face of the earth but everything of a permanent nature over or under it. This includes structures and minerals.

Question 8

Title

Answer 8

Ownership of real estate or personal property.

Question 9

Trespass

Answer 9

the act of knowingly entering another person’s property without permission. Such action is held to infringe upon a property owner’s legal right to enjoy the benefits of ownership