Which categories represent the two types of property?

The two types of property are categorized as real and personal. Real property refers to land and any structures attached to it, such as homes or commercial buildings. It encompasses the physical land itself as well as anything that is permanently affixed to it, such as trees, buildings, and fixtures.

Personal property, on the other hand, includes movable items that are not permanently attached to the land or buildings. This category can include furniture, vehicles, electronics, and other tangible goods that can be relocated. Understanding this distinction is crucial in a community association context, as it influences property management practices, tax assessments, and the enforcement of community rules.

The other categories—commercial and residential, principal and secondary, utility and fixture—represent different facets of property use or classification, but they do not address the fundamental distinction of property types in the same way that real and personal do.