FRECI_8-1 - assignment leasehold, sub-leasehold, or mineral...

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1 Florida Real Estate Commission Course I Pre-Licensing Course for Sales Associates Session 8 – Lecture 1 Property Rights: Estates and Tenancies; Condos, Co-ops, and Time-Shares Copyright, 2004 2 Lecture Preview What will you learn from this lecture? Difference between “Land”, “Real Estate”, and “Real Property” Copyright, 2004 3 Vocabulary Terms Land Real estate Real property Copyright, 2004 4 Land Timber Lakes Minerals Petroleum Copyright, 2004 5 Real Estate Copyright, 2004 6 Definition of Real Property Real property means any interest or estate in land and any interest in business enterprises or business opportunities, including any
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Unformatted text preview: assignment leasehold, sub-leasehold, or mineral right. (Ch. 475 F.S.) 2 Copyright, 2004 7 Definition of Real Property (Ch. 475 F.S. contd) The term real property does not include any cemetery lot or right of burial in any cemetery, nor does the term include the renting of a mobile home lot or recreational vehicle lot in a mobile home park or travel park. Copyright, 2004 8 Real Property The most comprehensive, all-inclusive term Bundle of Rights Legal Ownership Interest Copyright, 2004 9 End of Lecture At the conclusion of this lecture, complete Quiz 8-1 in the course....
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FRECI_8-1 - assignment leasehold, sub-leasehold, or mineral...

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