Which of the following is NOT one of the five types of real property?

The correct answer is Investment because it is not categorized as one of the primary five types of real property. The five main types typically encompass residential, commercial, industrial, agricultural, and special purpose properties.

Investment properties, while significant within the real estate market, refer more to the purpose or use of a property rather than a distinct type. They can fall into any of the other categories based on their nature. For instance, a residential rental property is an investment property, but it is primarily classified as residential real estate. Understanding these distinctions helps clarify the classification of various real estate types and their specific characteristics and uses, which is crucial for those in the field of title insurance and real estate transactions.