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Commonly Asked Questions about US Property Law Forms

Property law in the United States is complex and multifaceted, but these laws pertain specifically to three distinct types of property. Both state and federal laws exist to protect real property, personal property, and intellectual property.
Property is anything (items or attributes/tangible or intangible) that can be owned by a person or entity. Property is the most complete right to something; the owner can possess, use, transfer or dispose of it.
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Real Property (Land Law) Overview Real property refers to land, including the land itself and any structures, fixtures, and rights associated with it. Land, in its general usage, includes not only the surface of the earth but also everything of a permanent nature over or under it, including structures and minerals.
Property that exists in physical form is tangible property; like houses, apples, and cellphones. Property which cannot be physically held is considered intangible property; like copyrights, trademarks, or the goodwill of a company. Copyrights, trademarks, trade secrets, and patents are also intellectual property.
There are three main types of real estate properties: vacant land, residential properties, and commercial properties.
Some examples include individual contract clauses, licensing agreements, complaints, and interrogatories. Sample documents can be found in a number of places including law firm collections or knowledge management systems, and paid databases such as Lexis and Westlaw.
There are four basic properties: commutative, associative, distributive, and identity.