Which of the following is referred to as personal property?

Study for the 75 Hour Broker Pre Licensing Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Personal property refers to movable objects that are not permanently attached to or associated with the land or real estate. This category includes items like furniture, vehicles, and equipment that can be transported from one location to another without altering the property itself. In contrast, land and buildings are classified as real property, which encompasses fixtures that are permanently fixed to the ground, such as houses or office buildings.

Movable objects stand in distinction to fixtures, which are typically items that were once personal property but have been affixed to a property in such a way that they now become part of the real estate. Real estate investments also fall under the category of real property, as they involve land, buildings, and any improvements made on them that are intended for return on investment. Thus, the definition of personal property is specifically aligned with the concept of movable objects, making it the correct answer.

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