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What is typically an example of real property?

  1. A car parked in the driveway

  2. A swimming pool installed in the backyard

  3. A rental agreement

  4. A mobile home not affixed to the ground

The correct answer is: A swimming pool installed in the backyard

Real property refers to land and anything that is permanently attached to it. This includes buildings, structures, and improvements made to the land. In this context, a swimming pool installed in the backyard is an enhancement that is considered part of the real property because it is typically designed to be a permanent fixture on the property. It adds value to the land and is not something that is easily moved or removed. Other choices illustrate elements that do not qualify as real property. A car parked in the driveway, for instance, is classified as personal property since it can be moved; it is not permanently attached to the land. A rental agreement is a contract governing the use of a property, but it is not itself a physical asset like real property. Similarly, a mobile home not affixed to the ground remains personal property because it can be relocated and is not permanently attached to the land. Thus, the swimming pool represents the correct answer as it embodies the essence of what constitutes real property.