Real property

In English common law , real property , real estate , realty , or immovable property is land which is the property of some person and all structures (also called improvements or fixtures ) integrated with or affixed to the land, including crops, buildings, machinery, wells, dams, ponds, mines, canals, and roads, among other things. The term is historic, arising from the now-discontinued form of action , which distinguished between real property disputes and personal property disputes. Personal property was, and continues to be, all property that is not real property.

In countries with personal ownership of real property, civil law protects the status of real property in real-estate markets, where estate agents work in the market of buying and selling real estate. Scottish civil law calls real property "heritable property", and in French-based law, it is called immobilier ("immovable property").

The word "real" derives from Latin res ("thing"), which was used in Middle English to mean "relating to things, especially real property". [1]

The law now broadly distinguishes between real property (land and anything affixed to it) and personal property (everything else, e.g., clothing, furniture, money). The conceptual difference was between immovable property, which would transfer title along with the land, and movable property, which a person would retain title to.

In modern legal systems derived from English common law, classification of property as real or personal may vary somewhat according to jurisdiction or, even within jurisdictions, according to purpose, as in defining whether and how the property may be taxed.

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Real property  Wikipedia
Real property Wikipedia.
realestatecomau  Official Site
realestatecomau Official Site.
Real property legal definition of real property
Real property legal definition of real property.
Real property funds  Investopedia
Real property funds Investopedia.
SDAT Real Property Search
SDAT Real Property Search.

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