CFR > Title 41 > Subtitle C > Chapter 102 > Subchapter B > Part 102-36 > Subpart A > Definitions
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| § 102-36.40 | What definitions apply to this part? |
Terms Used In CFR > Title 41 > Subtitle C > Chapter 102 > Subchapter B > Part 102-36 > Subpart A > Definitions
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.