Examples of real property and examples of personal property


Problem:

Wanda lives in a house in the country that is surrounded by five acres of forest consisting of pine trees, some of which have been cut down and sawed into firewood. The house has a swimming pool.  Underneath the land on part of the property there is a known deposit of copper that could be mined. Wanda keeps horses for riding and the horses are kept in a corral (fenced area for livestock).

In this example, the house, swimming pool, the trees that are still living and growing, the copper deposit, and the corral are all examples of real property.  The horses are an example of personal property.

Create a scenario where someone owns two examples of real property and two examples of personal property.

Request for Solution File

Ask an Expert for Answer!!
Other Subject: Examples of real property and examples of personal property
Reference No:- TGS03318131

Expected delivery within 24 Hours