What is meant by the term "real property" in legal terms?

The term "real property" refers specifically to land and anything that is permanently attached to it. This includes not just the physical land itself, but also structures, buildings, and any resources that are an integral part of the land, such as trees or minerals. Real property is distinguished from personal property, which consists of movable items that are not permanently affixed to the land.

This definition emphasizes the permanence and immobility associated with real property. For instance, a house built on a piece of land is considered real property because it is permanently attached to the land and cannot be moved without significant effort and disruption. This concept is fundamental in real estate law and property rights, which help determine ownership, use, and transfer of such property.

In contrast, intangible assets like patents, financial investments, and movable items like furniture and fixtures do not qualify as real property because they either lack permanence or are not physically attached to the land. Understanding this distinction is critical for a clear grasp of property law and the rights associated with different types of property.