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

In the context of real property, mobility is not a characteristic; rather, real property is defined by its immobility. Real property refers specifically to land and anything permanently attached to it, such as buildings, which are fixed in place and cannot be moved easily. This immobility is contrasted with personal property, which can be moved from one location to another.

Permanence indicates that real estate is a lasting investment, typically requiring a significant commitment of resources and time. Non-homogeneity refers to the uniqueness of each parcel of real estate; even properties that appear similar can differ based on location, characteristics, and other factors. Therefore, while permanence and non-homogeneity are essential aspects of real property, mobility does not apply, as it contradicts the fundamental nature of real estate being stationary and fixed.