Personal property, Tangible and intangible items that are not real property., Real estate, Land, including soil and water, buildings, trees, crops, improvements, and the rights to the air above and minerals under the land, Title, The sum total of all legally recognized rights to the possession and ownership of property., Deed, A written document for the transfer of land or other real property from one person to another , Warranty deed, A deed that provides that the person granting the deed agrees to defend the title from claims of others., Quitclaim deed, A deed that conveys only such rights as the grantor has, Lease, A contract that establishes the rights and obligations of each party with respect to property owned by one entity but occupied or used by another., Lessor, The entity that owns the property covered in a lease., Lessee, The entity that occupies or uses the property covered in a lease., Landlord, The lessor in a real property lease., Tenant, The lessee in a real property lease.  , Trademark, A word, name, symbol, or combination of these that indicates the source or producer of an item., Patent, A grant issued by a governmental entity ensuring an inventor the right to exclusive production and sale of his or her invention for a fixed period of time., Copyright, The legal and exclusive right to copy or reproduce intellectual property., Collateral, is an asset a person agrees to give up if he or she does not repay a loan..

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