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Real, Intellectual, and Personal Property List two characteristics each of real, intellectual, and personal property. Do owners of real, intellectual, and personal property each have the same rights under the law? List how each type of property is treated under the law. Explain why it is in the best interest of society to treat these â¦ Real, Intellectual, and Personal Property List two characteristics each of real, intellectual, and personal property. Do owners of real, intellectual, and personal property each have the same rights under the law? List how each type of property is treated under the law. Explain why it is in the best interest of society to treat these types of property the same or differently. Guided Response: Respond to at least two of your classmatesâ postings by Day 7.
There are many different types of laws that specifically pertain to personal property, and many other types of laws that pertain specifically to real property. Personal property is movable property. It's anything that can be subject to ownership, except land. Real property is immovable property - it's land and anything attached to the land. Normally, a piece of property can be easily classified as either personal property or real property. The difference between the two is usually fairly straightforward. However, sometimes it's a little harder to categorize property. Let's look at one example.