Question 4
Which of the following would be considered a part of real property?
Stock in a mutual water company
O Lumber that will be used to build a fence
Crops that have been sold on contract but not harvested
A new mobile home offered for sale by a dealer
1 pts
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Answer :

Final answer:

Real property includes immovable items like land and structures, with lumber for a fence being an example.


Explanation:

Real property refers to immovable property such as land, buildings, and items attached to the land like fences. In the given options, lumber that will be used to build a fence would be considered part of real property.


Learn more about Real property ownership here:

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