What does real property encompass?

Real property encompasses land and interests in land, which includes not just the physical land itself but also any permanent structures attached to it, such as buildings, as well as certain rights associated with the land. This can involve rights to use, control, and transfer the property.

The definition is specifically focused on real estate rather than personal property or financial instruments. Options that mention only residential buildings or financial assets like bank accounts and stocks do not accurately describe the full scope of real property, as they either limit the type of property or refer to categories that fall outside of real estate. Therefore, understanding real property as a legal term really highlights its connection to both the physical aspect of land and the legal rights that come with ownership and use.