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What is the difference between real property and tangible personal property? Differentiate between an ownership and a possessory interest in real estate. Describe and give

  1. What is the difference between real property and tangible personal property?
  2. Differentiate between an ownership and a possessory interest in real estate.
  3. Describe and give examples of the following:
    • tenancy for a term of years
    • fixed-term lease
  4. What are the major features of a fixed-term tenancy/tenancy for years?
  5. What happens when the fixed-term tenancy/tenancy for years expires?
  6. What is a periodic tenancy?
  7. What is a tenancy at will?
  8. Compare and contrast joint tenancy and tenancy in common.

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