Which of the following refers to land and objects that are permanently attached to it?

Prepare for the Funeral Service Education (FSE) National Board Exam with comprehensive resources. Access multiple choice questions, flashcards, and detailed explanations to boost your confidence and improve your knowledge. Ace the exam seamlessly!

The term that refers to land and objects that are permanently attached to it is real property. Real property encompasses not only the land itself but also any structures, fixtures, or improvements that are affixed to that land, such as buildings, fences, and landscaping. This distinction is crucial in fields such as law, real estate, and property management, as it delineates ownership rights and responsibilities regarding immovable properties.

Personal property, on the other hand, refers to movable items that are not permanently attached to land, such as furniture, vehicles, and other belongings. Intangible property relates to non-physical assets, such as intellectual property rights or securities. Fixed assets are often used in accounting to describe long-term tangible assets that a company uses in its operations but do not specifically define the relationship to land. Thus, real property is the most accurate term for land and objects permanently attached to it.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy