The legal definition of real property is land, and anything growing on, affixed to, or built upon land. This also includes man-made buildings as well as crops. Real property is best characterized as property that doesn’t move, or that is attached to the land. This is in contrast to personal property, which can be moved or transferred physically.
The terms “real estate” and “real property” can be used interchangeably. Also, real property may include not just the land, but anything that is permanently located within or under the land. This may include oil, gases, and minerals found under the land. Another term used for real property is “premises”.
