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Property rights can be divided into two classes, real and personal. Which of the following is an example of real property?

A. Vehicles
B. Stocks and bonds
C. Patents
D. Commercial building

2 Answers

4 votes

Final answer:

Among the provided options, a commercial building is an example of real property, which refers to land and anything permanently attached to it.

Step-by-step explanation:

The question pertains to the division of property rights into two categories: real property and personal property. Real property refers to property that is fixed permanently to one location, such as land and structures attached to it. Hence, of the options provided, a commercial building is an example of real property. This stands in contrast to personal property which includes moveable items like vehicles, stocks and bonds, and patents.

User Flipsyde
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4 votes

Answer:

D. Commercial building

Step-by-step explanation:

Real property refers to land and all properties or structures that is fixed to the land or built on the land. They are immovable properties that are attached to or integrated with the land permanently.

Commercial building is an example of real property. Other examples of real properties are machinery, ponds etc. They are fixed.

Vehicles are tangible items that are classified as personal properties.

Stocks and bonds, and patents are intangible items that are also classified as personal properties.

User Chiffon
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