Untitled

Property can't enter into contracts or own bank accounts, which is probably the big marker for traditional corporate personhood. It might be possible to sue property but property can't itself sue, so it's not the same type of thing as a corporate person, which can.

You wouldn't need "in rem" jurisdiction if there was a legal person to sue, you'd just call it "in personam" like normal.

https://en.wikipedia.org/wiki/In_rem_jurisdiction