Real Estate Finance And Investments
6th Edition
ISBN: 9781259919688
Author: BRUEGGEMAN, William B., Fisher, Jeffrey D.
Publisher: Mcgraw-hill Education,
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Chapter 1, Problem 1Q
Summary Introduction
To explain: The difference between real property and individual property.
Expert Solution & Answer
Explanation of Solution
The differences among real property and individual property are as mentioned below:
- Real property refers to the property which is permanently attached with the land. On the contrary, personal property refers to the property which is not permanently attached with the land.
- Real property is an immovable property. On the contrary, personal property is a movable property.
- Examples of real properties are building, canals and roads. On the contrary, examples of personal properties are money, vehicle and furniture.
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Chapter 1 Solutions
Real Estate Finance And Investments
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