An Item, Monitor Heater in this case, Can be both "Real Property" and "Personal Property".
Real Property is a thing that can be owned and touched. Like land or a cell phone or a Book or car and so on.
Personal Property is a thing owned by a person.
The two are not exclusive of eachother.
The difference between personal property and real property is that personal property can depreciate faster than improvement made on real property.
Personal Property
Real Property
anything afixed to land is real property . personal property is that ,that is moveable such as a fridge or stove since they are pluged into a socket and are movable they are considered personal property .
Personal, real is limited to real estate only
Personal Property is property that is not real property nor property that is attached to the land.
An airplane is considered personal property.
Real property or personal property?
A person's real property and personal propertymakes up what we call their estate.
Related personal property, and if it's indeed permanently affixed to the realty it becomes part of the real property interest.
Real property cannot become personal property except in very particular situations. See related question link below.
No, land is Real Property.