Which of the following best describes personal property?

Personal property is best described as movable items that are not fixed to land. This definition encompasses a wide range of items such as furniture, vehicles, and appliances, all of which can be easily transported from one location to another without any permanent attachment to the real estate. The distinction between personal property and real property lies in the ability to move the item; personal property is characterized by its mobility.

In this context, items that are permanently attached to land would be considered real property, as they are integrated into the land and cannot readily be moved. Land used for agricultural purposes specifically pertains to the categorization of real property, rather than personal property. Similarly, buildings that can be relocated still fall within the definition of real property, as they are permanently affixed to land until they are actively moved. Understanding these distinctions is crucial in real estate, as it helps to clarify ownership rights and the nature of property transactions.