Real estate is property, which can be either a tangible or an intangible asset. Which of the following would be considered an intangible asset?

Name: Real estate is property, which can be either a tangible or an intangible asset. Which of the following would be considered an intangible asset?
Brand: Quizplus
Rating: 4.7 (53 reviews)

Question

Quizplus · Accepted Answer

Mortgage is an example of an intangible asset as it is a legal claim to property rather than the property itself. Land, building, and fence are examples of tangible assets because they have a physical existence.

Real Estate Is Property, Which Can Be Either a Tangible