What Is Meant By Land Flashcards
1
Q
Distinguish between ‘real property’ and ‘personal property’
A
Real property also known as realty is a freehold interest in land.
Personal property also known as personality is leasehold land.
2
Q
Explain what is meant by land - to do
A
S205(1)(ix) Law of Property Act 1925 states that land is formed of hereditaments, and these can be corporeal or in corporeal.
