Florida · Chapter 08 of 19
Property Rights: Estates, Tenancies, Condominiums and Time-Sharing
Real vs. personal property, fixtures, bundle of rights, estates and tenancies, Florida homestead, condominiums, cooperatives, CDDs, HOAs and time-shares.
40-minute read · Built for the Sales Associate Exam
Real Property Defined
Chapter 475 defines real property as any interest or estate in land and any interest in business enterprises or business opportunities, including assignments, leaseholds, subleaseholds and mineral rights. It excludes cemetery lots and burial rights, and the renting of a mobile home or RV lot in a park. Physically, real estate is the land (surface, subsurface and air space), plus improvements permanently attached, plus appurtenances such as easements. Real property transfers by deed; personal property (chattels) transfers by bill of sale.
Fla. Stat. §475.01(1)
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