What term can be defined as everything that is not real property?

Study for the North Carolina 75-Hour Broker Course Test. Ace your exam with comprehensive flashcards and detailed multiple-choice questions, each with hints and explanations. Prepare confidently for your real estate career!

The term that is defined as everything that is not real property is personal property. In real estate terminology, personal property refers to movable items that are not permanently affixed to or associated with the land or structures. This includes items like furniture, appliances, vehicles, and other belongings that can be easily moved from one location to another.

Personal property is distinct from real property, which consists of land and anything permanently attached to it, such as buildings and structures. Understanding this distinction is crucial for real estate professionals, as it influences transactions, ownership rights, and the categorization of assets in property agreements. The other choices, such as land property, private property, and real estate, do not encapsulate the broader definition of non-real property assets, making personal property the accurate term.

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