Which of the following is NOT a component of real property?

The correct answer is leased equipment because it does not qualify as a component of real property. Real property typically includes the land and anything permanently attached to it, such as buildings, structures, and improvements made to the land, which enhance its utility and value.

Fructus naturales refers to natural products of the land, such as trees and crops that grow without human intervention, and these are considered real property as they are part of the land. Buildings and structures are permanent fixtures on the land, which make them integral parts of real property. Similarly, land improvements, which encompass enhancements like driveways, fencing, or landscaping, also fall under real property since they are permanently attached to the land.

Leased equipment, on the other hand, is personal property that is not permanently affixed to the real property. It remains the property of the owner even when it is used on the premises and can be removed once the lease agreement ends. Therefore, it does not meet the criteria to be classified as a component of real estate.