Asked by
Rohan Tolani
on Nov 10, 2024
Verified
Which of the following is considered real property in legal terms?
A) Intangible property or chose in action
B) A claim against someone that has value
C) Intellectual property (ideas and creative work)
D) Chattels
E) Land
Real Property
Immovable property such as land, buildings, and other structures that are permanently attached to the land.
Chose in Action
A personal right not attached to any physical property, recoverable by a lawsuit, such as debts, copyrights, or patents.
Chattels
Personal property that is tangible and movable.
- Understand the distinction between real and personal property.
Verified Answer
AH
Learning Objectives
- Understand the distinction between real and personal property.