Under in rem jurisdiction, a court has power over the real (physical) property of a defendant but not financial assets of a defendant.

Name: Under in rem jurisdiction, a court has power over the real (physical) property of a defendant but not financial assets of a defendant.
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In rem jurisdiction allows a court to exercise power over a defendant's property, which can include both real property and financial assets, as long as the property is within the court's jurisdiction.

Under in Rem Jurisdiction, a Court Has Power Over the Real