What is the difference between intellectual property and real property law?

Utility patents: for tangible inventions, such as products, machines, devices, and composite materials, as well as new and useful processes. Design patents: the ornamental designs on manufactured products. Plant patents: new varieties of plants.

1. 
   What does “Covenant of quiet enjoyment” mean?
   

In property law, the covenant of quiet enjoyment is an implied term in every lease that the tenant shall have quiet and peaceful possession of the leased premises against the lessor. The covenant ensures that the landlord is bound to refrain from action which interrupts the tenant's beneficial enjoyment. The covenant is implied in both commercial and residential leases. 

1. 
   What is an easement?
   

An easement is a nonpossessory right to use and/or enter onto the real property of another without possessing it. It is "best typified in the right of way which one landowner, A, may enjoy over the land of another, B".^[1] An easement is a property right and type of incorporeal property in itself at common law in most jurisdictions.
An easement is similar to real covenants and equitable servitudes.^[2] In the United States, the Restatement (Third) of Property takes steps to merge these concepts as servitudes.^[3]
Easements are helpful for providing access across two^{[further explanation needed]} or more pieces of property, allowing individuals to access other properties or a resource, for example to fish in a privately owned pond or to have access to a public beach.

1. 
   What is a commercial transaction?
   

Commercial transactions is generally defined as some sort of payment for a good or service. There are many forms of commercial transactions, including those that occur between two separate businesses, consumers and businesses, businesses and government entities and between internal divisions of a company to name a few.

2. 
   What does commercial law deal with and why do we need it
   

Commercial Law is a broad term for a range of legal services designed to support businesses in making money from their products and services.

For example, Intellectual Property (IP) rights are crucial for creative industries and manufacturers to profit from innovation, sales on a domestic and international basis need contracts, and agency or distribution agreements can be made to sell the good or services more widely.