Which of the following is NOT considered real property?

In the context of real property, it is essential to understand what constitutes real property versus personal property. Real property includes items that are permanently attached to the land, such as buildings, fixtures, and the land itself. These items are integral to the property and typically can't be removed without causing damage.

Inventory, however, refers to goods that are movable and are not permanently affixed to real estate. It is classified as personal property because it can be easily transported or sold without being tied to a particular piece of land. Inventory includes merchandise, raw materials, and other items held for sale in the normal course of business, distinguishing it from real property.

This understanding highlights the distinction between real property—which includes land, buildings, and fixtures—and personal property, with inventory being a prime example of the latter category.