100 words per question

7.1 Answer all 7 questions. Each is worth 3 marks. Note: Your examples should be common everyday examples 1. Outline, with examples, the differences between real property and personal property. ii. Outline, with examples, the differences between fixtures/fittings and chattels in a commercial lease. iii. Outline the differences between joint tenancy and tenancy in common. Give examples of when these two forms of ownership will be commonly used for the purchase of residential property. iv. Outline, with an example related to the rights of a commercial tenant, the differences between ownership and possession in real property and in personal property. v. Explain 'security' and how this can be used for forms of financing in real property and personal property. Provide examples for a house purchase and a hire purchase of a car. vi Outline, with examples, the differences between Mori freehold land and Mori customary land. vii. Explain how the Land Transfer system works in New Zealand. Include an outline of the three key principles that are built into this system and how this protects the buyer of real estate. 7.2 Outline, with examples, the differences between copyright, patents and trademarks as a means of protecting intellectual property. marks