Which term refers to tangible property consisting of land, structures permanently attached, and what grows on the land?

Which term refers to tangible property consisting of land, structures permanently attached, and what grows on the land?

• A. Personal property
• B. Real property (realty)
• C. Chattel
• D. Intellectual property

Answer: (B)

Real property includes land and anything permanently attached to it, such as buildings and fixtures, plus the natural vegetation or crops growing on the land. This distinguishes it from personal property, which is movable and not attached. Therefore, the term that covers land, structures permanently attached, and what grows on the land is real property (realty). Intellectual property is intangible and not part of real property, and chattel is simply another word for personal property.

Real property includes land and anything permanently attached to it, such as buildings and fixtures, plus the natural vegetation or crops growing on the land. This distinguishes it from personal property, which is movable and not attached. Therefore, the term that covers land, structures permanently attached, and what grows on the land is real property (realty). Intellectual property is intangible and not part of real property, and chattel is simply another word for personal property.