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Standard 4: Understands
what property is and how to protect that property. |
Benchmarks (Grades 9-12)
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Understands the different
classes of property |
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Understands what real
property is, including the nature and transfer or
ownership and other’s rights in your land. |
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Knows types of leases,
tenants rights, how a lease can be transferred, the duty
to pay rent and the lessor’s duties |
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Understands insurance and
how it works, different types of coverage, and what life
insurance is. |
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Knows how to prepare a
will, how to distribute an estate and the benefits and
types of trusts. |
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