Unit 1

Question 1

Air Rights

Answer 1

The rights of an owner or lessee to use the air above a

property without necessarily having the right to use the land below.

Question 2

Annexation

Answer 2

The process of affixing or attaching personal property to the real property so that it becomes a fixture and is considered real property.

Question 3

Appurtenance

Answer 3

The rights, privileges, and improvements that go with a transfer of the land even though they may not be part of it.

Question 4

Bundle of Rights

Answer 4

The rights of ownership associated with real property, including the right to use, enjoy, encumber, exclude, and alienate, whether by deed, lease, or devise by will.

Question 5

Chattel

Answer 5

Items of tangible personal property. As a personal property interest in real property, a lease is known as a chattel real.

Question 6

Emblements

Answer 6

Farm crops of a tenant farmer, which not automatically

transferred with real property, and are considered personal property