Which of the following is considered personal property?

Study for the Indiana RECP Comprehensive Test. Utilize flashcards and multiple-choice questions, each with hints and explanations. Prepare to ace your exam!

Personal property refers to items that are movable and not permanently affixed to the land or a building. In this context, patio furniture is considered personal property because it is not a fixed structure; it can be easily removed and relocated without causing any damage to the property itself.

On the other hand, a wood-burning fireplace, awnings, and bathtubs are typically regarded as real property. These items are often considered fixtures, as they are installed or built into the structure and are intended to remain with the property when it is sold. Fixtures are legally defined as items that were once personal property but have been affixed to land or a building in such a way that they become a part of it.

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