realties
Realties, or real property, refer to land and anything permanently attached to it, such as buildings and fixtures, together with the privileges, rights, and interests that accompany ownership. They are distinguished from personal property, which includes movable objects. The term realty is commonly used in legal contexts, particularly in the United States; more widely, real property or real estate is the standard term.
Real property encompasses not only the physical surface of the land but also associated rights such as
Transactions involving real property include sale, purchase, lease, mortgage, and conveyance of title by deed. The
Valuation of real property depends on factors such as location, size, use potential, zoning, infrastructure, and
See also: real estate, property law, land registry, title deed, easement.