What does the term “real property” encompass?

The term "real property" encompasses both land and any structures or improvements that are permanently attached to that land. This includes buildings, homes, and any other physical enhancements made to the property, such as roads, fences, and utilities. Real property is distinguished from personal property, which includes movable items that are not fixed to the land.

The inclusion of both land and structures in the definition is crucial for understanding property rights, ownership transfers, and real estate transactions. When someone buys real property, they are purchasing not just the land itself but also anything that is considered a permanent addition to that land. This broad definition captures the full scope of what individuals or entities are acquiring in real estate agreements.

Other options focus on narrower aspects of property, such as just the land, agreements, or certain categories of property, which do not represent the full concept of real property as defined in legal and real estate contexts.