Real property includes which of the following items?

Real property encompasses both land and any permanent structures or improvements made upon that land. This includes not only the physical land itself but also buildings, homes, roads, fences, and other constructions that contribute to the value of the property. The definition of real property is broad in nature, which is why the inclusion of structures is key.

The concept of real property is rooted in the idea that the land and anything permanently affixed to it are integral to its overall value. Thus, classifying real property as simply land would overlook the significant value that buildings, fixtures, and other improvements add to the property. Understanding this comprehensive definition is essential for appraisers and those involved in real estate transactions, as it encompasses all elements that contribute to the use and value of a piece of real estate.