52 CHAPTER 2 Property Ownership and Interests 2. Annual crops that require planting and cultivation are personal property and are called emblements or fructus industriales. 3. Ownership in land includes the surface of the earth and the areas above and below...
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52 CHAPTER 2 Property Ownership and Interests 2. Annual crops that require planting and cultivation are personal property and are called emblements or fructus industriales. 3. Ownership in land includes the surface of the earth and the areas above and below the surface. 4. A fixture begins as personal property and becomes real property when attached to land improvements or the land. Since fixtures create many prac- tical problems in real estate transactions, practitioners need to pay careful attention to this concept. 5. Private ownership of property is subject to four powers of government: emi- nent domain, police power, taxation, and escheat. 6. Estates involve the definition of the scope of one’s interest in real property. Estates in land are divided into two groups: freehold and estates of less than freehold (leasehold). In freehold estates, one has an ownership interest in realty that lasts at least a lifetime. The nonfreehold, or rental, interests last less than a lifetime. 7. Th
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