- real property
- Informally used to refer to land or buildings. As defined by Federal banking regulations governing appraisals, real property is: an identified parcel or tract of land including improvements, easements, rights of way, undivided or future interests, and similar rights but excluding mineral rights, timber rights, or growing crops. Note that under state law in many states, growing crops, timber, and minerals that have not been separated from the land are also included in the definition of real property. American Banker Glossary————Land plus all other property that is in some way attached to the land. Bloomberg Financial Dictionary
* * *real property ˌreal ˈproperty noun [uncountable] PROPERTYanother name for real estate
* * *real property UK US noun [U] also US real estate, also US realty)► PROPERTY land or buildings that someone owns: »
The majority of the assets are invested directly in real property.»
real property taxes/lawyers
Financial and business terms. 2012.