rights, interests, and benefits inherent in the ownership of real estate, as distinguished from personal property; frequently thought of as a bundle of rights. Real estate may be loosely defined as land (including air rights) and other properties that are permanently attached to land such as houses, fences, and landscaping. The terms real property and real estate are often used interchangeably.
land, buildings, and other kinds of fixed or immovable property. This is classified as real, as distinguished from personal property. In some states, it is synonymous with real estate.
- land and whatever is erected or growing on it, or affixed to it.
- rights issuing out of, annexed to, and exercisable within or about the land.
land and all property attached to the land, such as houses, trees, fences, and all improvements.
the rights to use real estate. Sometimes also defined as real estate.
Examples: Real property includes, but is not limited to:
- personal residence owned in fee simple
- a life estate to a farm
- rights to use land under a lease
- easements and other partial interests
