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The Property System

Across
The maximum bundle of rights, or estate, permitted by law
The right of one other than the owner of land to some use of that land.
Validation of a security interest against other creditors, usually by filing a statement with some public office.
The bundle of rights and powers of real property ownership
Property acquired by adding something to an owned object
Transfer of ownership by intent and the delivery of the object gifted
The government's constitutional power to take private property for public use upon the payment of just compensation.
A synonym for ownership. Sometimes represented as a document
Down
A document representing the title or ownership of land
Personal property that has become real property, generally through physical attachment (annexation).
The right of one other than the owner of land to some use of that land.
Rule against __________. The rule that prohibits an owner from controlling what he or she owns beyond a life in being at the owner's death, plus 21 years.
An owner's placement of an object into the intentional possession of another person with the understanding that the other person must return the object at some point or otherwise dispose of it.
A property ownership that is undivided (common) and equal between two or more owners. Permits survivorship
The valuable thing put up by someone to secure a loan or credit
A property that grants land ownership for the lifetime of a specified person.
The event that creates an enforceable security interest under the Uniform Commercial Code (UCC)
A legally enforcement promise.
1. A transfer of an interest in property for the purpose of creating a security for a debt. 2. A type of security interest in land, usually securing an extension of credit
A bundle of private, exclusive rights in people to acquire, possess, use, and transfer scarce resources