What is the term for the action by which real property becomes personal property?

The term that describes the action by which real property becomes personal property is "severance." Severance refers to the process of separating a portion of real property, such as land or structures permanently affixed to it, and converting that portion into personal property. This can occur when, for example, trees or minerals are extracted from the land, or when a building is dismantled and removed.

Understanding severance is important in property law, as it delineates the boundaries between real and personal property, which can have significant legal implications regarding ownership and rights. Recognizing this process of change allows individuals to navigate issues concerning property rights, ownership transfers, and taxation effectively.