Subscribe to Answers
I look to the legal system in the relevant jurisdiction to define that phrase. There have been many cases where the courts have decided that something is or is not real property. Even various governments make laws stating that certain things are or are not real property for certain purposes.
Tony and Suzanne Marri...
Miami Lakes, FL
San Jose, CA
Am I missing something here? Is there not a definition in one of your textbooks?
I'm with Fred Griffin ..BINGO!
Fred Griffin, on leave...
Land and appurtenances to that land.
I agree with Wayne Martin - definitions vary by state and you should understand what the definition is in your state. Case law will go by the "real property" in the state it is located.
Oakly Rogers Land and associated structures.
Land and items permanently attached to that land.
Look to your state statutes and then to some case law. Definitions and law differ from state to state!
Sheri Sperry - MCNE®
The house and anything attached to it. Plus the land and anything attached/growing out of it. That's the easy definition. I'd go to the back of your textbook for the "proper" definition.
As opposed to unREAL?
I have heard of investor speakers who have intangible, invisible portfolio.
Property with a building attached to it.
Chapter 2: Property
Marc Swartz, CPA, CA, Real Estate Broker nailed this one!
Fixed property, principally land and buildings ~ it is that simple.
Any other definitions?
I would use googel
fixed property, principally land and buildings.
Something other than personal property but I have been wrong before.
Land, house and whatever is attached to the house.
Your own little piece of the rock, if you smell what I'm cookin'. LOL
Usually it's anything considered permanently attached to the property. But that is pretty subjective sometimes. You might find this post interesting, and it might help answer your question.
Oakly Rogers - something that you can see and feel.
Usually, if it is considered permanently attached or would damage the property if removed it is "real".
Others have answered.
I would say you have good answers to this question ....
I agree with Marc Swartz, CPA, CA, Real Estate Broker on this. Also, I'd check with my real estate instructor for their definition.