COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
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Real property - the land, everything that is permanently attached to the
land, and everything that is appurtenant to the land.
Personal property, or personalty - all property that does not fit the
definition of real property
Primary characteristic of personal property is: - movability
Chattel - an item of movable property
Land is defined as: - the earth's surface extending downward to the center
of the earth and upward to infinity, including things permanently attached by
nature, such as trees and water. A specific tract of land is commmonly referred to
as a parcel
Real estate, or realty, is defined as: - land at, above, and below the earth's
surface, including all things permanently attached to it whether natural or
artificial.