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PROPERTY OWNERSHIP ☑️Classes of Property Legal Classes- Real, Personal or Intangible Property. Economic Classes- Residential, Commercial, Industrial, Agricultural and Special Use ☑️Land Characteristics Physical ( Immobility, Indestructibility, Non-Homogeneity/ Uniqueness) Economic (Scarcity, Improvements, Area Preference / Situs, Permanence of Investment) Legal Descriptions- Metes and Bounds, Rectangular Survey, Lot and Block Encumbrances- Liens, Easements, Encroachments and Deed Restrictions Ty
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