Property Ownership, Transfer of Title & Land Use 2.2 Flashcards by JoeAnthony Rios | Brainscape

Q

What are the Four Economic Characteristics of Real Property?

A

Scarcity

Improvements

Permanence of investment

Area Preference

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Q

What are the Three Physical Characteristics of Real Property?

A

Immobility

indestructibility

Uniqueness

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