What does Real Property mean?

Real property refers to land and any permanent structures on it, such as buildings or homes. Real property can be bought, sold, and owned, and can also generate income through rent or appreciation in value. Real property can also be subject to property taxes, zoning regulations, and other laws. It's important to differentiate real property from personal property, which refers to movable items such as furniture and vehicles that are not permanently attached to the land.

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