Types of Ownership

Forms of Ownership Ownership in severalty/sole ownership Ownership in severalty One individual holds the title. Sole rights to ownership. Sole discretion to transfer part or all ownership rights to another […]

Land Characteristics and Legal Descriptions

Real Estate Training Institute

Legal Description Definition A property description is more accurate than street addresses and required in contracts, deeds, or other real property transfers. The three primary methods of legal descriptions are […]

Real vs. Personal Property

Transferring Real and Personal Property Transferring Real Property Deed Fixtures A fixture is a personal property that has been so attached to the land or a building that, by law, […]

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