Title: Estates in Real Property legal definition of Estates in Real Property
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Property Law
Property Law
Personal Property
Real Property
Estates in Real Property
Possession
Eminent Domain and Zoning
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Content: Real property is land and ordinarily anything erected on, growing on, or affixed to it, including buildings and crops. The term is also used to declare any rights that issue from the ownership of land. The terms real estate and real property generally refer to land. The term land, in its general usage, includes not only the face of the earth but everything of a permanent nature over or under it, including minerals, oil, and gases. In modern usage, the word premises has come to mean the land itself or the land with all structures attached. Residential buildings and yards are commonly referred to as premises. The difference between real property and personal property is ordinarily easily recognizable. The character of the property, however, can be altered. Property that is initially personal in nature becomes part of realty by being annexed to it, such as when rails are made into a fence on land. In certain cases, however, the intention or agreement of the parties determines whether property that is annexed retains its character as personal property.