Land Law Chapter 1 "Land as Property"

Question	Answer
Describe the various types of Property	Real Property (Realty) = Freehold Land Personal Property (Personalty) = Chattels Chattels Real = Leasehold Land Chattels Personal = Choses in Possession = Choses in Action
Historically, what could the owner of real property do had he been dispossessed of his land?	Commence an action in court for the land to be returned to him (Real Action or Action in Rem)
Name the 3 stages of transferring land from a seller to a buyer	Sale (Subject to Contract) = Unenforceable Exchange of Contracts = Enforceable Completion = Enforceable

Resource summary

	Created by Gary Rowland about 8 years ago