An example of personal property is?

Study for the Kovats Real Estate School Test. Get ready with flashcards and multiple-choice questions, each with hints and explanations to ensure success on your exam!

Personal property refers to items that are movable and not permanently attached to land or buildings. A household furnishing, such as a couch, table, or chair, exemplifies personal property because it can be easily transported and is not considered a fixture of the real estate.

In contrast, real estate encompasses land and anything that is permanently affixed to it, like buildings and structures; therefore, choices that include real estate or land do not qualify as personal property. Similarly, commercial property also refers to non-movable, permanent structures and is part of real estate, further solidifying that a household furnishing is the correct representation of personal property in this context.

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