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select the true statement regarding inherited or gifted real property. a.) ownership of real estate may not be transferred by gift. b.) if an owner of real property dies without a will, the property automatically escheats to the state. c.) a gift of real property must include the deliverance of a deed in order for title to be conveyed. d.) real property may only be willed to a next of kin.

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According to business law and regulations, the true statement regarding inherited or gifted real property is that "a gift of real property must include the deliverance of a deed for title to be conveyed."

What is Real property?

Real property is a term that is used to describe the land or the building which is perpetually bound to the land.

Usually, the term Real property refers to the lasting asset of individuals that they have the right to gift to their relatives or legal heirs.

One of the rules guiding real property is that a gift of real property must include the deliverance of a deed for the title to be conveyed, otherwise, it will be termed illegal.

Examples of Real Property include the following:

  • ponds,
  • buildings,
  • reservoirs,
  • canals,
  • roads, and
  • machine

Hence, in this case, it is concluded that the correct answer is option C. "a gift of real property must include the deliverance of a deed for title to be conveyed."

Learn more about Real Property here: https://brainly.com/question/26250060

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