What term describes physical land and improvements along with the rights?

• A. Personal property
• B. Real property
• C. Fixture
• D. Chattel

Answer: (B)

Real property includes land and anything permanently attached to it, along with the rights that come with ownership. That means the physical land, structures or improvements on it, and the bundle of rights (such as easements or mineral and air rights) are all part of real property. Personal property is movable and not attached to the land, while a fixture is a specific item that has become part of the real property through attachment—it's still part of real property, but it’s just one element, not the whole category. Chattel refers to personal property.