Asked by
Carmen Martinez
on Nov 10, 2024Verified
When a house is built on a lot, the house is an example of
A) a profit a prendre.
B) real property.
C) a chattel.
D) a house is not considered property.
E) an easement.
Real Property
Land and anything permanently attached to it, such as buildings and other structures, which have legal rights associated with ownership.
Chattel
Personal property that is movable, as opposed to real property or real estate.
Profit a Prendre
A right to take something (such as minerals, game, or timber) from another's land.
- Comprehend the difference between tangible and intangible property.
Verified Answer
CK
Learning Objectives
- Comprehend the difference between tangible and intangible property.
Related questions
Which of the Following Is True with Regard to Real ...
Zack, Virgil, and Craig Have Been Friends for Several Years ...
Most People Understand That a Mortgage Involves the ________ Borrowing ...
Which of the Following Is False with Regard to Condominiums ...
Mr Bucks Owned a 10-Hectare Property in Langley ...