real property
Sign in to savesubset of land that has been legally defined and the improvements to it made by human efforts
AI overview
Real property is a piece of land that has been legally defined, along with any buildings or other improvements that people have built on it. It matters because the legal definition makes it possible to own, buy, sell, and manage land and what's on it in an organized way.
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Article
Real estate is a property consisting of land and the buildings on it, along with its natural resources such as growing crops, minerals or water, and wild animals, immovable property of this nature, real property or housing in general. In terms of law, real relates to land property and is different from personal property, while estate means the "interest" a person has in that land property.
Real estate is different from personal property, which is not permanently attached to the land (or comes with the land), such as vehicles, boats, jewelry, furniture, tools, and the rolling stock of a farm and farm animals.