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

3 months ago

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

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Mitzie

1 months ago

C) So, like, no beanie babies in real property then.

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Robt

1 months ago

B) Property that has nothing artificial on it, only natural materials.

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Ronna

2 months ago

A) Yeah, real property includes land and buildings.

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Miesha

2 months ago

C) Land, buildings, and machinery or equipment.

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Youlanda

3 months 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

3 months 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

3 months 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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