Which of the following is an example of personal property?

• A. Car
• B. House
• C. Land
• D. Factory

Answer: (B)

Personal property consists of movable items that are not permanently attached to land. Real property includes land and anything permanently fixed to it, like buildings. A car fits personal property because you can move it, transfer it, or remove it without altering the land. A house, the land itself, and a factory are real property since they involve land and are typically permanently affixed structures. (Note: a mobile or manufactured home can sometimes be treated differently if it isn’t attached to land, but standard teaching treats a house as real property.)