Examlex
Which element of the organizational structure signifies formal authority relationships?
Real Property
Land and anything permanently attached to it, such as buildings or trees.
Physical Property
An attribute of a physical system or body; commonly refers to properties like mass, volume, and density that can be observed and measured without changing the substance itself.
Personal Property
Any movable property that is not attached to real estate; includes both tangible and intangible items.
Fee Simple Absolute
Ownership rights entitling the holder to use, possess, or dispose of the property however he or she chooses during his or her lifetime.
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