real property


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Related to real property: Real Property Tax

Real property

Land plus all other property that is in some way attached to the land.

Real Estate

Land and the improvements on it. Real estate is one of the primary (and indeed one of the only) assets whose value does not depreciate over time. Depending on the particular title, ownership of real estate may include mineral rights to any geophysical aspects occurring thereon. Ownership of real estate does not automatically include the right to develop it, depending on local regulations. However, development of real estate (for example by building a house on it) usually increases the value. While supply of real estate does not vary, demand may change greatly depending on its particular features, number of people in the area, and cultural differences regarding land ownership. It is an attractive form of collateral because it cannot be stolen or destroyed. See also: Plot, zoning law.

real property

Real property.

Real property is what's more commonly known as real estate, or realty.

A piece of real property includes the actual land as well as any buildings or other structures built on the land, the plant life, and anything that's permanently in the ground below it or the air above it. In that sense, real property is different from personal property, which you can move from place to place with you.

real property

See property.

Real Property

Also known as real estate, includes land, buildings, and their structural components.
References in periodicals archive ?
Gain from the sale or other disposition of interests or mortgages on real property that is not property under Sec.
Given the dispersion, variety, and value of its real property assets, the USCG knew this category of G-PPE was both material to the audit success of DHS and would require a highly complex and challenging remediation initiative spanning several relevant offices, directorates, and commands.
Following the publication of Real Property Management (RPM Midwest)'s selection for Business Courier: Serving The Greater Cincinnati Area's Largest Tri - State Commercial Real Estate Management Firms list, American Registry seconded the honor and added Real Property Management (RPM Midwest) to the "Registry of Business Excellence (TM).
These five words essentially allow an estate to justify a reduction in the FMV, which in turn will reduce the estate tax due and protect the taxpayer from burdensome real property estate taxes.
The court concluded that the business of a real estate broker includes "(1) selling, exchanging, purchasing, renting, or leasing real property; (2) offering to do those activities; (3) negotiating the terms of a real estate contract; (4) listing of real property for sale, lease, or exchange; or (5) procuring prospective sellers, purchasers, lessors, or lessees.
On appeal, the board argued that the manufactured home should not have been appraised as real property before the motor vehicle title was surrendered.
4 provides a variety of options for determining fair market value for real property.
Based on this difference in language, the Notice includes within DPGR derived from the construction of real property only proceeds from the sale, exchange, or other disposition of real property constructed by the taxpayer in the United States (regardless of whether the property is sold immediately after construction is completed).
07, held that because the deed conveying the real property at issue was not recorded and did not name the beneficiaries of the trust or state the purpose of the trust, that the deed to Raborn, as trustee of the trust, conveyed a fee simple interest in the real property to trustee individually.
Most Federal agencies restrict the initiation of forfeiture of real property to instances where a substantial connection between the property and a felony violation can be established.
More Listings - Since Real Property Management doesn't sell properties, it needs strong partners to send listings when our clients decide to sell.
Ideally, the Real Property Deficiency Study would be completed prior to the appraisal and should be discussed with the appraiser.

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