Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

Which characteristic of land describes its unchangeable location?

1. Immobility

2. Scarcity

3. Durability

4. Utility

The correct answer is: Immobility

Immobility refers to the fact that land cannot be moved or relocated. This characteristic emphasizes the fixed nature of land, as its geographic position is permanent and essentially cannot be altered. Because land is inherently tied to its specific location, it remains in the same place regardless of surrounding developments or changes in ownership. This immutability of land is a fundamental concept in real estate, impacting both property valuation and the overall market dynamics. Scarcity relates to the limited availability of land in certain areas, while durability pertains to the lasting nature of land and its ability to withstand the test of time. Utility involves the usefulness or value that land provides to individuals or businesses. While these characteristics are important in understanding land and real estate, it is immobility that specifically describes the unchangeable location of land.