The need to determine whether property is real or personal frequently arises. Which of the following would not be classified as real property?
A) airspace over a condominium project
B) newly planted fruit trees
C) stock in a real estate corporation
D) minerals in the ground before they are mined

Question

Quizplus · Accepted Answer

Stock is not considered real property as it is an ownership interest in a corporation and does not involve any physical land or structures. The other options all involve physical property or interests in property that would be considered real property.

The Need to Determine Whether Property Is Real or Personal