The technical definition of land is it’s the solid part of the earth that’s not underwater. Some say an everyday definition of land is real estate minus structures but land can include structures, it’s just the real estate under and around them. One of the valuable components of land is there’s a limited amount of it.
What does real property mean?
Real property is a less commonly used term and as such, is a less commonly understood concept. Real property is a broader term and includes the land itself and any buildings and other improvements attached to the land. It also encompasses the rights of use and enjoyment of certain land, as well as any of its improvements.
What is the difference between land and real estate?
The words “land” and “real estate” or “real property” actually mean different things. “Land” is the earth’s surface, which extends below the earth’s surface and up into the sky. It includes objects that naturally occur on the land, like water, trees, boulders, and even minerals below the surface.
