11 Questions
What does the term 'land' include?
The surface of the earth, minerals below, and air above
In real estate, what falls under the definition of land?
All permanently attached natural features, including minerals below and air above
Which term refers to the surface of the earth, including all permanently attached natural features?
Land
What is included in Mr. Pebberknuckle's land based on the example?
The grassy surface, minerals below, and air above
What is unique about acquiring land according to the text?
You acquire all that lies below and above it
What additional characteristics does land include besides the surface of the earth?
Both the minerals below the surface and the air above the surface
Based on the text, what is included in Mr. Pebberknuckle's land?
The copper minerals below his land
What does 'real property' encompass beyond what is included in 'land'?
Permanent structures like buildings
If someone owns a house on a piece of land, what term would define their ownership of both?
Real estate
Which term refers to the earth's surface along with what lies below and above it?
'Land'
What is unique about the concept of 'land' compared to just real estate or real property?
'Land' extends infinitely upwards and downwards
Learn about the differences between land, real estate, and real property in the context of real estate. Understand how each term builds upon the previous one and adds more characteristics.
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