About This Chapter
Who's It For?
Anyone who needs help learning or mastering property ownership material will benefit from the lessons in this chapter. There is no faster or easier way to learn about property ownership. Among those who would benefit are:
- Students who have fallen behind in understanding property ownership
- Students who struggle with learning disabilities or learning differences, including autism and ADHD
- Students who prefer multiple ways of learning money management (visual or auditory)
- Students who have missed class time and need to catch up
- Students who need an efficient way to learn about property ownership
- Students who struggle to understand their teachers
- Students who attend schools without extra money management learning resources
How It Works:
- Find videos in our course that cover what you need to learn or review.
- Press play and watch the video lesson.
- Refer to the video transcripts to reinforce your learning.
- Test your understanding of each lesson with short quizzes.
- Verify you're ready by completing the Property Ownership chapter exam.
Why It Works:
- Study Efficiently: Skip what you know, review what you don't.
- Retain What You Learn: Engaging animations and real-life examples make topics easy to grasp.
- Be Ready on Test Day: Use the Property Ownership chapter exam to be prepared.
- Get Extra Support: Ask our subject-matter experts any property ownership question. They're here to help!
- Study With Flexibility: Watch videos on any web-ready device.
Students Will Review:
This chapter helps students review the concepts in a property ownership unit of a standard money management course. Topics covered include:
- Voluntary property transfers
- Calculating property taxes and rates
- Distinguishing between real and personal property
- Identifying extent of ownership and real property
- Interest in real property and types of estates
1. Property Taxes: Calculations & Rates
Depending on where you live, the property taxes for houses are calculated differently. Watch this video lesson to see how the calculations are made based on some example rates.
2. Real Property and Personal Property: Definition and Differences
Much of business law deals with property. There are actually two different types of property: personal property and real property. This lesson explains the differences between these two types of property.
3. Extent of Ownership and Real Property: Air, Surface & Subsurface
When you buy real property, you gain several different kinds of rights. You'll likely own a bundle of rights that includes more than just the surface area of the land. This lesson explains air, surface, and subsurface rights.
4. Interest in Real Property: Types of Estates
There are several different ways a party can own an interest in real property. There are possessory types of interests and non-possessory types of interests. This lesson explains the main types of real property ownership.
5. What is Voluntary Property Transfer? - Defining Title by Deed
A conveyance happens when a property owner transfers property to a new owner. This is known as a voluntary property transfer, or title by deed. This lesson explains voluntary property transfers and title by deed.
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