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 ?
Fair and accurate accounting for these assets, both personal and real property, requires the implementation of a clear and standardized process, as described by Ms.
Applying traditional fixture analysis, the court found that the home was real property at the time of the appraisal based on undisputed evidence that it was affixed to the land, used as a stationary residence, and intended to be a permanent accession to the real estate.
A USRPHC is a corporation whose USRPIs make up at least 50% of the total value of its real property interests and business assets.
The requirements of filing a claim of lien on real property are addressed by N.C.
Net assessed value of real property grew by $8.7 billion or 120 percent.
"In Re Raborn reversed over 60 years of commonly accepted real property and trust law, and it was important to pass this law quickly to avoid a loss of trust protection for the thousands of Floridians with real property assets held in trust."
"So there was no revenue shift from taking mobile homes from personal property and making them real property," he said.
Finally, the AFU real property officer plans and executes all real property seizures for the department.
The P23 billion in real property taxes that cities fail to collect could have built either 513 transport terminals, 339 landfills, 1,154 satellite health centers, or 3,330 low-cost resettlement projects, he added.
Enzi noted that the Federal Assets Sale and Transfer Act of 2016 (FASTA) requires GSA to publish a real property database that includes specific information about each property, such as its size, level of utilization, and annual operating costs.
Pending bills proposing to reform the country's real property valuation system which are supported by the DOF include Senate Bill (SB) 44 filed by Sen.
A house and lot is a perfect example of a real property (also called immovable property).

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