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 ?
"We are delighted to be teaming up with Cushman & Wakefield," said Bruce Kaplan, president of Northern Realty Group.
"Further, PBS Realty's clients in the New York market will benefit substantially from their new international reach.
As JRT Realty continued to strengthen its market presence, its comprehensive commercial real estate services and new client service benchmarks for long-term success rivaled large, established firms.
JRT Realty was able to offer world-renowned expertise to the TIAAs of the world.
They achieved that award for their work with Advance Realty Group in completing a long-term headquarters lease transaction for Odyssey Pharmaceuticals in 2004 at Advance's 200 Park Avenue, in Florham Park, New Jersey.
"The biggest advantage of having the CLHMS certification is the knowledge base it provides," said Kim vanHerwynen, luxury Realtor with Keller Williams Realty St.
SPF Realty will rebrand and operate under the Gulf Sotheby's International Realty brand.
Eighteen Licensed Real Estate Salespeople and Associate Brokers joined Charles Rutenberg Realty in March.
Hal George, broker-owner of Parkland International Realty, will remain at the helm as managing broker for Premier Sotheby's International Realty, while Jan Walker will continue to serve in an advisory capacity and as a top-producing associate for the company.
Proceeds from these sales initiatives, along with capital retained from our revised dividend policy, are currently expected to be used toward repurchasing NorthStar Realty common stock, which we believe is currently trading at a dramatic discount to underlying net asset value and for the repayment of all or a portion of NorthStar Realty's corporate recourse borrowing obligations, which currently total approximately $600 million (excluding $280 million of trust preferred securities with maturities beginning in 2035).
US-based land brokerage company National Land Realty has restructured its operations and is moving its headquarters to Omaha, NE, following a merger with Land Pros Realty, the company said.
Taipei, April 30, 2012 (CENS)--To curb the simmering housing-price hike, the Financial Supervisory Commission (FSC) is comprehensively checking the extension of realty loans by domestic banks, to assure their abidance of the regulations of the FSC concerning realty loans.

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