What is the difference between real property and personal property? 2. Which of the following is personal
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Question:
2. Which of the following is personal property and which is real property?
a. A Garage?
b. A picture hung on the wall?
c. A light fixture on the ceiling?
d. Your textbook?
e. A stove in the kitchen?
3. What is a Chattel? Give an example.
4. Explain expropriation; give an example of when and how it is used.
5. Do people have Riparian Rights on property that has no navigable or tidal waterways on
private property? Explain.
6. Explain Fee Simple.
7. What is a Mortgage? What happens when a homeowner fails to pay a loan that is
secured by a mortgage?
8. Explain both an Easement and a Right-of-way.
9. What is a Restrictive Covenant and how is it different than an Easement?
10. List and explain 4 types of Intellectual Property
Related Book For
Managing Information Technology
ISBN: 978-0132146326
7th Edition
Authors: Carol Brown, Daniel DeHayes, Jeffrey Hoffer, Wainright Marti
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