Westmont College Wk 11 Personal Property Discussion and Responses

Which of the following are Real Property and which are Personal Property:What is an easement and how is it created?  Carmen BodziakWhich of the following are Real Property and which are Personal Property?An orchard: REALA furnace in a house: REALA 14 foot x 14 foot cinder block shed in my backyard: REALMy minivan: PERSONALOil flowing under my land: REALA Grandfather clock weighing 425 pounds: PERSONALReal property, according to the text, is “the land itself, as well as buildings, trees, soil, minerals, timber, plants, crops, fixtures, and other things permanently affixed to the land or buildings.” Personal property includes “tangible property, trade secrets, computer programs, and other business property.”What is an easement and how is it created?According to the text, an easement is “a given or required right to make limited use of someone else’s land without owning or leasing it,” which is essentially a “nonpossessory interest in another’s real estate”. The three ways an easement can be created are: expressly, implied, or by prescription. Express easements are created by words only and include easement by grant or easement by reservation. Implied easements are those that are implied from circumstances are include easement by implication and easement by necessity. Easements by prescription are those created by an adverse possession.Nhat Quyen HoangWhich of the following are Real Property and which are Personal Property?An orchard: Real PropertyA furnace in a house: Real PropertyA 14-foot x 14-foot cinder block shed in my backyard: Real PropertyMy minivan: Personal PropertyOil flowing under my land: Real PropertyA Grandfather clock weighing 425 pounds: Personal Property What is an easement and how is it created?An easement is a given or required right to make limited use of someone else’s land without owning or leasing it. There are several easements such as easement by grant, implication, necessity, prescription, and reservation. There are three methods for creating easements. First one is express easements can be expressly by grant and reservation. Second is implied easements that base on circumstances include an easement by implication and necessity. The last one is easements by prescription can be created by adverse possession.