What distinguishes real property from personal property?

The distinction between real property and personal property primarily hinges on the permanence and attachment of the property to the land. Real property refers to land and anything permanently affixed to it, such as buildings, trees, and other structures. In contrast, personal property consists of movable items that are not permanently attached to the land, like furniture, vehicles, and appliances. This classification is crucial in property law and has implications for ownership, taxation, and transfer of property rights.

Affixed items contribute to the value and usability of the real property, while movable items do not have this permanent connection. Understanding this distinction is fundamental for appraisers, real estate professionals, and property owners alike, as it affects how property is assessed, bought, and sold.