Difference between real and personal property

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Questions

1. The textbook asks us to define the difference between real/personal property. Please give examples.

2. The textbook asks us to define the difference between Freehold/Leasehold Estate.

3. What elements do NNN's in a lease "typically" cover?

4. If you are looking at a flyer on a property for sale and you see STNL in the marketing, what does that mean?

5. In class, I use the phrases "fully tenanted" or "fully leased." How much vacancy is there in this scenario? A range is acceptable.

Reference no: EM133839003

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