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This module discusses the "bundle" of property rights that are associated with real estate. These rights can include possession, such as ownership and leasehold estates, or they can be non-possessory interests, such as easements and liens. To successfully complete this module, you should read the manual and assigned reading, listen to the lectures (including the guest lecture), take the vocabulary quiz, complete the review, and take the test for this module.
Learning Outcomes
In this module you will:
Understand what distinguishes personal property from real property.
Explain the distinguishing characteristics of an estate, and distinguish a freehold estate from a leasehold estate.
Define property rights that do not include possession such as easements and liens, and identify examples of each.
Attachment preview
An object that formerly was personal property but has become real property
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