Real Property Overview

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Real Property Overview:-

Real estate is real property that consists of land and improvements, which include buildings, fixtures, roads, structures, and utility systems, Property rights give a title of ownership to the land, improvements, and natural resources such as minerals, plants, animals, water, etc.

How do you describe real property?

The term "real estate" or "real property" means the land plus anything growing on it, attached to it or erected on it, including man-made objects, such as buildings, atruchures, roads, sewers, and fences, but excluding anything that may be removed from the land without injury to the land.

What are the types of real property?

There are five main categories of real estate: residential, commercial, industrial, raw land, and special use. You can invest in real estate directly by purchasing a home, rental property or other property, or indirectly through a real estate investment trust (REIT).

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