Property is considered either real property or personal property. Which option correctly reflects this statement?

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Property is divided into two main categories: real property and personal property. Every item in property falls into one of these two types, with real property covering land and anything permanently attached to it, and personal property covering movable items. The statement is capturing this two-way split, so the best reflection is the option that says property can be either real or personal. The other choices incorrectly restrict property to only one category or deny a category altogether, which doesn’t align with how property is classified in practice.