Title: Estates in Real Property legal definition of Estates in Real Property
Headings: 
Property Law
Property Law
Personal Property
Real Property
Estates in Real Property
Possession
Eminent Domain and Zoning
Further readings
Cross-references
Feedback
Flashcards & Bookmarks ?
Mentioned in ?
Legal browser ?
Full browser ?

Content: Estates in Real Property legal definition of Estates in Real Property
Property Law
(redirected from Estates in Real Property)
Property Law
There are two types of property: real property and Personal Property. Most of the legal concepts and rules associated with both types of property are derived from English Common Law. Modern law has incorporated many of these concepts and rules into statutes, which define the types and rights of ownership in real and personal property. Personal property, also referred to as movable property, is anything other than land that can be the subject of ownership, including stocks, money, notes, Patents, and copyrights, as well as intangible property. Real property is land and ordinarily anything erected on, growing on, or affixed to it, including buildings and crops. The term is also used to declare any rights that issue from the ownership of land. The terms real estate and real property generally refer to land. The term land, in its general usage, includes not only the face of the earth but everything of a permanent nature over or under it, including minerals, oil, and gases. In modern usage, the word premises has come to mean the land itself or the land with all structures attached.