Which of the following describes movable property that is not classified as real property?

Movable property that is not classified as real property is referred to as personal property. This category includes items that can be easily moved from one location to another, such as vehicles, furniture, and clothing. Unlike real property, which is fixed and includes land and anything permanently attached to it, personal property is characterized by its mobility and lack of permanence.

Real estate refers specifically to immovable property, including land and structures permanently attached to it. Financing instruments are documents used to secure loans or grants, while leasehold interests pertain to agreements that allow individuals to occupy or use real property for a specified period under certain conditions. These categories do not encompass the broader definition of movable property, thereby reinforcing the definition of personal property.