Legally,property other than land,including both tangible property and intangible property,is considered:
A) real property.
B) personal property.
C) intangible property.
D) transient property.

Question

Quizplus · Accepted Answer

Property other than land is considered personal property, which includes both tangible property (such as furniture, vehicles, and equipment) and intangible property (such as copyrights, patents, and trademarks). Real property specifically refers to land and anything permanently attached to it, such as buildings or trees. Transient property is not a legal term related to property ownership.

Legally,property Other Than Land,including Both Tangible Property and Intangible Property,is