Real Property

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DEFINITION of 'Real Property'

Any property that is attached directly to land, as well as the land itself. Real property not only includes buildings and other structures, but also rights and interests. Real property can be either rental or residential.

INVESTOPEDIA EXPLAINS 'Real Property'

Any structures or improvements that are attached to the land must not be movable in order to be considered real property. Natural resources such as oil, gas and timber also qualify, because they are considered to be part of the land.

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    An individual can invest in tax liens by identifying available liens and then participating in auctions where property tax ... Read Full Answer >>
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  4. What is the difference between economic value and market value?

    The difference between market value and economic value is that the former represents the minimum amount the customer is willing ... Read Full Answer >>
  5. How long can a building owner or landlord depreciate a leasehold improvement?

    Leasehold improvements have different depreciation rules depending on whether you are working with U.S. tax basis financial ... Read Full Answer >>
  6. Why does the real estate sector appeal to growth investors?

    Growth investing is an investment strategy aimed at identifying stocks with strong potential for growth and capital gains. ... Read Full Answer >>
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    An ad valorem tax is a levy placed on real or personal property based on the assessed value of that property.
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