real property

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Related to realty: real estate

real property:

see propertyproperty,
rights to the enjoyment of things of economic value, whether the enjoyment is exclusive or shared, present or prospective. The rightful possession of such rights is called ownership.
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Real property

Land with or without buildings, fences and other features. Also called real estate.

Real Property


in law, tracts of land and the various capital structures and installations erected thereon. Real property was recognized under prerevolutionary Russian law and has major significance under the legislation of the present-day bourgeois states, where rights to real property are publicly established and transactions involving real property, particularly land, must meet certain legal requirements.

Under Soviet law, property need not be classified as either movable or immovable because land, the main component of real property, is under the sole ownership of the state. Private transactions that involve land are accordingly prohibited. The special legal status that is established for land and its mineral wealth, waters, forests, structures, and installations is conditioned by the economic importance these objects possess.

real property

Land, everything growing on it, and all improvements made to it. It usually includes rights to everything beneath the surface, and at least some rights to the airspace above it.
References in periodicals archive ?
Since 2001, PBS Realty has worked closely with a number of ONCOR partners in the United States and London, completing well over 100,000 square feet of office and retail transactions.
If, under Farley Realty, the appreciation-sharing component of a SAM is viewed as an equity interest, the SAM may constitute an "investment unit" for purposes of application of the original issue discount (OID) rules.
WDJ Realty Group also completed development of The Shops at Rocky Creek Crossing, a 15,600-square-foot retail center in Missouri City, in July 2006.
JRT Realty has distinguished itself as a leader in offering diverse perspectives on a variety of property types in key national markets," added Kim Brown, JRT Realty's director of asset services.
Realty Income is an equity real estate investment trust (REIT) that owns a diversified portfolio of primarily freestanding, single tenant commercial retail properties leased under long-term net lease agreements.
David Panzirer of RFR Realty and Noel Flagg of Newmark Knight Frank were the brokers in this transaction;
All written and oral forward-looking statements attributable to CB Richard Ellis Realty Trust or persons acting on their behalf are qualified in their entirety by these cautionary statements.
Acquisitions effectuated by Mann Realty over the last two years include 1200 Fifth Avenue purchased from Mt.
Winoker Realty collaborated with Brause Realty to re-brand and relaunch 141 West 36th Street as the 141 FX Fashion Exchange, for which Winoker serves as the exclusive leasing agent.
Bringing together the Gibson and Sotheby's brands allows the local neighborhood roots of Gibson domain|domain to combine with the well-known brand and resources of Sotheby's International Realty.
In addition to adding Keller Williams University courses that address business tactics in a shifting market, the company has taken great measures to expand the Internet presence of Keller Williams Realty associates and their listings Co targeting an ever-increasing market segment of real estate consumers online.
Robert Kaplan, of Hidrock Realty, represented the tenant in the transaction.

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