Which of the following is considered real estate?

Real estate encompasses land and any permanent structures or improvements attached to it. A chandelier that is permanently affixed to a home is classified as a fixture. Fixtures are considered part of the real estate because they are attached to the structure in such a way that removing them would damage the property. The intention behind affixing the chandelier suggests a permanence, thus it is deemed a part of the real estate.

In contrast, a vehicle parked on the property is considered personal property, as it is not permanently attached to the land. Likewise, furniture placed in a home is also personal property, as it can be easily removed and is not affixed to the premises in a permanent manner. A portable shed, while it may be located on the property, is typically classified as personal property unless it is permanently affixed or built into the property. Therefore, only the chandelier meets the criteria for being categorized as real estate.