What is the definition of real property?

Real property is defined as land and the structures that are permanently attached to it, such as buildings and other improvements. This definition encompasses not only the physical land but also everything that is fixed to it in a way that typically cannot be moved without significant effort or alteration. Unlike movable assets or personal belongings, which can include furniture and vehicles, real property is considered immovable.

Understanding this distinction is crucial for various legal, financial, and taxation considerations, as real property often represents significant value and investment. Moreover, real property laws govern the ownership, use, and rights associated with land and its attachments, further emphasizing its permanence and importance in the context of property law and real estate.