WEBVTT

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Start with the land.

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Add the house and its permanent improvements.

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Now add the ownership rights associated with that

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real estate.

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Together, we are describing real property.

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Look inside the kitchen.

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Built-in cabinets ordinarily form part of the real

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estate as fixtures.

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The movable cart ordinarily does not.

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The key distinction is not whether an item

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is valuable.

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It is how the item relates to the

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land and improvements, along with the relevant facts

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and agreement.

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Ownership rights can also be divided or limited.

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Quick check:

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does every object sitting inside a house automatically

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become real property?

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No.

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A movable item can remain personal property even

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when it is inside the home.