Question

Which of the following is a role of the federal government in real property rights? Establishment...

Which of the following is a role of the federal government in real property rights?

Establishment of broad standards of usage.

Establishment of real estate license laws.

Training and licensing of real estate agents.

Levying of real estate taxes.

By definition, personal property

is ownership of real property.

is ownership of unimproved land.

is ownership of anything that is not real estate.

is tenancy of real property owned by another person.

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Answer #1

Q1A) establishment of broad standards of usage

Federal Government is primarily concerned with broad standards of real property usage, natural disaster, land description, & discrimination

Q2 c)is ownership of anything that is not real estate

Personal property is a type of property which can include any asset other than real estate. The distinguishing factor between personal property and real estate is that personal property is movable; that is, the asset is not fixed permanently to one location as with real property, such as land or buildings. Examples of personal property include vehicles, furniture, boats, and collectibles.

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