Effective: 01/17/2019


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Real Property

Real property, also referred to as real estate, reality, or immovable property, is any property attached directly to land as well as the land itself. Real properties include buildings, ponds, canals, roads and machinery, integrated equipment (such as light fixtures or a well pump). Real property is composed of any designated portion of land and anything permanently placed on or under it. The elements on or under the land include natural resources and/or human-made structures. Real property is also composed of any designated portion of land and anything permanently placed on or under it. The elements on or under the land include natural resources and/or human-made structures.