What does the term 'real property' encompass?

The term 'real property' encompasses land and anything that is permanently attached to it, which includes buildings, improvements, and other fixtures. This definition reflects the legal understanding that real property is not limited to just the land itself but also includes permanent structures that contribute to the property's value and functionality.

Real property is distinct from personal property, which refers to movable items that are not permanently affixed to land, such as furniture or vehicles. By including both land and permanent attachments, the definition captures the full scope of property ownership and the rights associated with it, such as the ability to enjoy, lease, sell, or encumber the property.

In contrast, the other choices do not fully represent the concept of real property. For instance, focusing solely on land ignores significant enhancements that define a property’s market value. Temporary structures, like tents or trailers, are considered personal property because they are not attached to the land in a permanent manner. Finally, only accounting for the construction while excluding the land fails to recognize the legal rights and benefits that come with owning the land itself, which is a fundamental aspect of real property.