Which of the following is classified as real property?

The classification of real property typically involves items that are permanently attached or integrated into a building or land, and therefore cannot be removed without causing damage to the structure. The correct answer, which identifies wiring for additional HVAC in a building, fits this definition perfectly because it is an integral part of the property’s infrastructure. This HVAC wiring provides essential services to the building, making it a permanent fixture rather than a movable item.

In contrast, chattel fixed to a residential space may still be considered personal property unless it is specifically affixed in a way that it is deemed part of the real estate; simply being attached does not automatically categorize it as real property. A lease agreement for equipment relates more to personal property since it pertains to the rights associated with movable goods rather than immovable assets. Lastly, office furniture used in a business is typically classified as personal property because it is not affixed to the building in a manner that would define it as part of the real estate itself. Therefore, wiring for HVAC systems is the clear example of real property, as it is permanently affixed to the building.