Which of the following is included in the definition of real property?

Prepare for the California State BOE Appraiser Exam. Study with flashcards, multiple choice questions, and explanations. Master key concepts and get exam ready!

The definition of real property encompasses land and anything permanently attached to it, such as buildings. This distinction is essential in real estate, as real property is defined legally as the physical parcels of land and the improvements made on them that have a permanent nature. This includes structures like homes, commercial buildings, and agricultural facilities.

In contrast, the other options refer to personal property or movable assets. Vehicles and machinery are classified as personal property because they are not permanently affixed to the land. Stocks and bonds represent financial assets rather than tangible property associated with real estate. Personal items and collectibles are also considered personal property due to their movable nature and the fact that they do not intrinsically relate to the ownership of land or buildings. Therefore, land and buildings form the core of what constitutes real property, which is why this option is the correct identification.

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