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What is “real property?

April 26, 2017Property

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What is “real property?

6 Answers

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According to Kansas statute, real property is land and all buildings, improvements including mines, minerals, quarries, mineral springs and wells, rights and privileges appertaining thereto, except as otherwise specifically provided.

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Land (surface or subsurface), buildings (or space within a building), air rights, mineral rights and water rights. Click here to see the REO Definitions page.

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Real property and assets can be defined for our purposes as any item of economic value owned by an individual or corporation, especially that which could be converted to cash. Click here to sell your property fast, and move on with your life.

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A. Land and anything permanently attached to land (appurtenances), including buildings, structures, fixtures, fences, improvements, etc.

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Real property means land and improvements, all possessory rights and privileges appurtenant to the property, and includes personal property affixed to the land or improvements (AS 29.71.800).