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"?

AThings located within buildings such as furniture, accessories, appliances, etc.

BProperty that has nothing artificial on it, only natural materials.

CLand, buildings, and machinery or equipment.

DInventory and loose materials.

Show Suggested 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

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Brigette

1 days ago

A) Things located within buildings? So, like, my collection of rare beanie babies? Got it, nailed it!

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Youlanda

2 days ago

Hmm, D) Inventory and loose materials? Sounds like they're just trying to trick us with that one. Nice try, test makers!

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Louvenia

4 days ago

I thought real property was all about that natural, organic vibe. Guess B) was just a bit too hippie-dippy for this question.

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Moira

6 days ago

Actually, real property refers to immovable property like land and buildings, so C) Land, buildings, and machinery or equipment is the correct definition.

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Anglea

7 days ago

C) Land, buildings, and machinery or equipment. That's the textbook definition, right?

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Glendora

7 days ago

I'm not sure, but I think it might be A) Things located within buildings such as furniture, accessories, appliances, etc.

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Macy

8 days ago

I agree with Moira, C) Land, buildings, and machinery or equipment make up real property.

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Moira

18 days ago

I think the definition of 'real property' is C) Land, buildings, and machinery or equipment.

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