What is real property?

Real property refers to land and anything permanently attached to it, which includes buildings, structures, and other improvements made to the land. The definition emphasizes the permanence and attachment to the land, indicating that items considered real property are intended to remain in place and not be moved easily.

The emphasis on the intent of permanence is crucial because it distinguishes real property from personal property, which typically encompasses movable items. This distinction is important in real estate and leasing contexts, where the classification of property affects ownership rights, transactions, and legal responsibilities.

In contrast, the other options incorrectly describe real property. Movable property pertains to personal property, while limiting real property to just buildings does not account for other improvements that can be classified as real estate. Lastly, the mention of leasing items does not directly relate to the definition of real property since leasing can pertain to both real and personal properties. Thus, the selected answer correctly encapsulates the essence of real property.