Real Property 101: Understanding the Different Types and Uses of Real Property

Examples of real property include:

A homeAn industrial warehouseA 10-acre soybean field

Real property refers to land and any permanent structures that are attached or affixed to it, such as buildings or structures. Examples of real property include:

1. Residential properties such as houses, apartments, condominiums, and townhouses.

2. Commercial properties such as office buildings, retail stores, warehouses, and factories.

3. Industrial properties such as manufacturing plants and distribution centers.

4. Agricultural properties such as farms and ranches.

5. Vacant land or unimproved property, such as undeveloped land that has no structures or improvements on it.

6. Natural resources such as oil, gas, and minerals found beneath the surface of the land.

7. Easements or rights of way, such as a private road that services several properties.

8. Water rights, such as the right to use a nearby stream or river for irrigation purposes.

9. Timber or timber rights, such as the right to cut and sell the trees on a particular piece of land.

All of these are examples of real property that can be bought, sold, leased, and used for different purposes.

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