This document explains the difference between real and personal property, including their definitions and examples. It also discusses the concept of fixture and various tests used to determine fixtures. Additionally, it explores the role of the reasonable person in determining foreseeability and standard of care.
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ASSESSMENT 2 RESEARCH ESSAY
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 Difference between real and personal property...........................................................................3 Definition of fixture and various test for determining the fixture...............................................4 The term reasonable person.........................................................................................................5 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................1
INTRODUCTION The main aim for report in explaining about the difference between the real property and personal property. Furthermore, examines about the fixture and their test for determine the fixture things. Moreover, also explain about the reasonable person who play the important role or determining the foresee ability along with the standard of care with definition of reasonable person. MAIN BODY Difference between real and personal property Personal property means those property which have been owned by the well being and this can be moveable. The laws can also includes such as covering possession gifts, stolen property or loss property. While through the law can be applied in losing the property and make their right towards some other property. The personal property can be both tangible and intangible (Lam, 2020). In which the tangible property have value and can be easily felt to touch such as equipment, furniture, jewellery and vehicles. Intangible property means those things which cannot be touch, but this might be available in the physical term and have more value for represent. For example, life insurance, policies, copyrights and investment etc. For instance in personal property like material and equipment, electronics and memorabilia. This property can be movable in common law system while this might be also known aschattels or personally. This property can easily have huge benefits for which the property can easily make sure about the purchasing or selling to the people. While having the personal property that could be the big advantage for the human while for making their own creation which might be important for them in having the better future aspects (Park and Quercia,2020). While this might be also important in having some of the personal property right through which the law can be followed while by selling the property. Possession or personal property must be having the intended for using the personal things and that could be more benefits in the term of their usage. Real property that one own and they do not move from the property. There might be nothing just like physically attached to the land. While for example, building, lands, crops and mineral rights etc (Ash,2020). This might be also important in taking the benefits from the various kinds of sources for human and also make sure about the high stream while in which
they work for having the better real property. As this kinds of property have been fixed at permanently location for which the human need to purchase from the various kinds of sources. As the property right must be important from which the laws must be followed and make sure about the legal authority. While in US economy real property estate provide some of the residential houses for families (Huand et.al., 2020). The real property term also include the physical land in which they can make their right while by having the right legal process. This might be also important in taking the growth and also make sure about the various things that could play the important role for having the better real property. This can be also said that real property is the property which do not move and work on the legal terms and make sure legal process must be done. Moreover, this could also have huge impact over the residential investment and that might be important for taking the decision for working with the effective manner. Definition of fixture and various test for determining the fixture Fixture means the concepts which have the physical attachment to the land (real property). While in some of the case fixture can be also treated as the part of the real property while in which they can own by one and might be also seems to be security interest. Fixture can be important while for having the law respecting the registration for working with the high term and easily make sure for the high impact over the various property things (Komnata,Basiura and Kotulski,2020). The law regarding the fixture that can cause the many problems such as lease under for their property. In the law of Australia, such casesintention of annexationin which the party relation for having land possessor. While having the objective for brought into tenants for becoming the fixture. As this might be also significant in determining the factor.Purpose of annexationwhich depends up on the own facts and also have the right to fixed the intention with having the small position of working with legal property. Degree of annexationwhich indicates about the object that can be detached without having the substantial damage that being caused. This might be also important while for having the better estimation in property for which the law can be having the huge amount. Through having growth and make sure about the various kinds of legal authority for which the property can be done and have their one owner (Kopteropoulosand Kabilan,2020). Therefore, some of the common test that can be used for determine the fixture such as nails, cement, glues which might be indicates for having the permanent attachment. While through which the business for
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having the trade fixture that might be play the important in making the development and easily make sure with various kinds of things in the law. As the fixture must be important while for keeping the look and also better environment for working within. Fixture seems to be important while for having the real and personal property comparison while for having the better estimation for which the law can be process easily. While through having the estimation for the growth and make sure about the various kinds of law while at time of selling the property while might be important. In having the better benefits at working skills which could be able to make sure for knowledge and make their growth with having the high terms. Fixture must be follow for having the consumer in buying the great products and having the better services at retailing sector (Olabanji and Mpofu,2020). This might be also helpful for having the great deal and make sure about the various legal authority. However, this could also remain the personal property while for removing by using tenants and that might be part of the business. Law in the Australia in the absence of the agreement while between two parties which might be operating the objects for resolving the concerns with having title objects. The term reasonable person Reasonable person is the hypothetical person of the legal fiction which might be crafted by the courts and have the communication with the case law and jury instructions. While in some of the common practices the circumstances can be arising due to having the uncommon fact that have been set while through which composite for the relevant community can be judgement and some to know about the how typical members threat harm to the public (Naldemirci and et.al., 2020). For example, where jury composite the judgement while for having the actual fictional person and thus can be make some of the overrules. The reasonable person might be also belongs to the family for having the right thinking members in the society. While this might be important for which the reasonable landlord can get the helpful. This could be conduct the person character and some uncommon facts through which this could be decided for having the good practice policy. As legal fiction, the reasonable person is not so average person or typical person which might be also leading for having some great difficulties. Along with this applying concepts for the criminal cases and make sure for regards to the have the patients defence in the cases. The standards can easily hold over some of duties and make sure for behaving the reasonable person within the same thinking or similar things. While having some of the specific circumstances in
each cases that could have requirement for the varying kinds of conduct and make the kinds of the degree for care with the undergoes some of the variation. This can be said that reasonable person can be found at every area of the law (Wildemanand Andersen,2020). While this could help the law for thinking about towards the various laws and make their legal authority towards any personal or real property. Moreover, also help for taking the right decision towards the families and make sure about their support. The standards that can also used the contract law. While through which the reasonable person have been breach of the standards for their law system. After some of the consideration as given relevant things in any cases that could also include the negotiation and make their any practices parties while for having the development and usages for the conducting various parties. This standards might be no existing independently while for having some other circumstances in every cases and easily make sure about the individual judgement (Rauvolaand et.al., 2020). This could be also important for taking the huge standards and that could be easily make their availability for which they can work. The reasonable application towards the law is might be with having planning, working and getting some of the along with others for having the proper peril to upcoming standards. Reasonable person while good quality for citizen and easily might be having some of the better estimation for the judgement. CONCLUSION From the above it had been concluded that real and personal property for the well being must be important while through which the business can also income sources. Fixture in the business and the property business must be important for which the work and their law authority must be better working. Reasonable person working with the various cases while for having the better thinking which might be related to the critical thinking.
REFERENCES Books and journals Ash, J. (2020). Flat ontology and geography.Dialogues in Human Geography.10(3). 345-361. Hu,R.&et.al.,(2020).Emergingmaterialsandstrategiesforpersonalthermal management.Advanced Energy Materials.10(17). 1903921. Komnata,K.,Basiura,A.,&Kotulski,L.(2020,June).Graph-BasedStreetSimilarity ComparingMethod.InInternationalConferenceonDependabilityandComplex Systems(pp. 366-377). Springer, Cham. Kopteropoulos, A., & Kabilan, K. (2020). Model Based Definition for Assemblies. Naldemirci, Ö. & et.al., (2020). The potential and pitfalls of narrative elicitation in person‐ centred care.Health Expectations.23(1). 238-246. Olabanji, O. M., & Mpofu, K. (2020). A model for achieving reconfiguration in a smart assemblywork-cell.TheInternationalJournalofAdvancedManufacturing Technology.109(9). 2777-2793. Park, K. A., & Quercia, R. G. (2020). Who lends beyond the red line? The Community Reinvestment Act and the legacy of redlining.Housing Policy Debate.30(1). 4-26. Rauvola, R. S. & et.al., (2020). Person–environment fit and work satisfaction: Exploring the conditional effects of age.Work, Aging and Retirement.6(2). 101-117. Wildeman,C.,&Andersen,L.H.(2020).Long‐termconsequencesofbeingplacedin disciplinary segregation.Criminology.58(3). 423-453. Online Lam, J., 2020. What's the Difference Between Real and Personal Property? [Online]. Available through:<ownerly.com/real-estate/difference-between-real-and-personal-property/#real- property-vs-personal-property-whats-the-difference> 1