Exams
Pricing
Jobs & Salary
Study Guide
Log in
Start Free
Exams
/
Ontario Real Estate Salesperson Exam
/
Flashcards
Stacked preview deck
Ontario Real Estate Salesperson Exam Flashcards
Ontario Real Estate Salesperson Exam
1 / 20 free preview cards - 600 total
Front
What distinguishes real property from personal property in real estate law?
Click the card to flip it.
Back
Real property is land and anything permanently attached to it (e.g., buildings, fixtures, mineral rights). Personal property (chattels) is movable and not permanently affixed. The classification affects what is included in a sale unless specifically excluded or included in the agreement.
Previous
Next Flashcard