BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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air space
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fixture
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real property
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doctrine of capture
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Detailed explanation-1: -Airspace ownership is usually considered to extend to between 500-1, 000 feet above a property. This allows aircraft to fly over your property at a reasonable height, in accordance with the 1949 Civil Aviation Act. What all this means is that the immediate space above your property is available for you to develop.
Detailed explanation-2: -To begin with, firstly, remember these major types of property: Movable property and Immovable property. Tangible property and Intangible property. Private property and Public property.
Detailed explanation-3: -Real property refers to land and any property which is directly attached to it, including any subset of land which has been changed by legitimate human acts. Examples of real property can include ponds, buildings, reservoirs, canals, roads, and machinery.