Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

IFMA Exam CFM Topic 4 Question 6 Discussion

Actual exam question for IFMA's CFM exam
Question #: 6
Topic #: 4
[All CFM Questions]

What is the definition of "real property"?

Show Suggested Answer Hide Answer
Suggested Answer: C

Real property refers to land and anything permanently attached to it, including buildings, structures, and fixed machinery or equipment. This includes:

Land -- Natural terrain, lots, plots.

Buildings -- Homes, commercial offices, industrial spaces.

Fixed Equipment -- Machinery installed as part of the property (e.g., HVAC systems, elevators).

In contrast, personal property (Option A & D) includes movable items like furniture and appliances, while undeveloped land (Option B) does not account for infrastructure.


by Jade at Mar 09, 2025, 06:42 PM

Limited Time Offer

25%

Off

Get Premium CFM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Brigette
2 months ago
A) Things located within buildings? So, like, my collection of rare beanie babies? Got it, nailed it!
upvoted 0 times
Mitzie
16 days ago
C) So, like, no beanie babies in real property then.
upvoted 0 times
...
Robt
18 days ago
B) Property that has nothing artificial on it, only natural materials.
upvoted 0 times
...
Ronna
1 months ago
A) Yeah, real property includes land and buildings.
upvoted 0 times
...
Miesha
1 months ago
C) Land, buildings, and machinery or equipment.
upvoted 0 times
...
...
Youlanda
2 months ago
Hmm, D) Inventory and loose materials? Sounds like they're just trying to trick us with that one. Nice try, test makers!
upvoted 0 times
...
Louvenia
2 months ago
I thought real property was all about that natural, organic vibe. Guess B) was just a bit too hippie-dippy for this question.
upvoted 0 times
...
Moira
2 months ago
Actually, real property refers to immovable property like land and buildings, so C) Land, buildings, and machinery or equipment is the correct definition.
upvoted 0 times
...
Anglea
2 months ago
C) Land, buildings, and machinery or equipment. That's the textbook definition, right?
upvoted 0 times
Muriel
29 days ago
Exactly. Real property is more about the physical land and structures on it.
upvoted 0 times
...
Arlette
1 months ago
So, real property doesn't include things like furniture or inventory, right?
upvoted 0 times
...
Kristin
2 months ago
Yes, that's correct. Real property includes land, buildings, and machinery or equipment.
upvoted 0 times
...
...
Glendora
2 months ago
I'm not sure, but I think it might be A) Things located within buildings such as furniture, accessories, appliances, etc.
upvoted 0 times
...
Macy
2 months ago
I agree with Moira, C) Land, buildings, and machinery or equipment make up real property.
upvoted 0 times
...
Moira
3 months ago
I think the definition of 'real property' is C) Land, buildings, and machinery or equipment.
upvoted 0 times
...

Save Cancel