Saffron and Serge have a mobile home in which they travel from city to city, town to town, selling pottery and playing music. On
e week they may be in Berkeley, the next Sacramento. The couple travel wherever their mobile home will take them. Which of the following is true?A. By the definition of the California Health and Safety Code, this couple's 'mobile home' is not, in fact, a mobile home.B. The mobile home can be sold by a real estate licensee as real property, since it constitutes a dwelling unit.C. To become real property, their mobile home must have a permanent foundation.D. Saffron and Serge cannot legally occupy the mobile home without a Certificate of Occupancy.
C). To become real property, their mobile home must have a permanent foundation.
Explanation:
A general property or possessions are considered to be real property when it is permanently attached to land or real estate property.
As per the question, option C displays a true claim as it correctly describes that 'to become real property, the mobile phones of them must have a permanent foundation.' Thus, the above statement correctly states that in order to make the mobile phones or any other property similar to it as real property, it is required to be attached to permanent property like 'land, building, etc. Therefore, <u>option C</u> is the correct answer.
The federal reserve is the central banking system of the untied states Which means that federal reserve will be massively involved in several decision that would affect the financial condition of the United States of America as a whole