LegalFix

Real property

Real property or real estate is land and everything that is permanently attached or affixed to the land—buildings, fences, and those things attached to the buildings, such as light fixtures and plumbing and heating fixtures.

Real property includes the legal rights of ownership—such as the rights to possess, sell, use, lease, and enjoy the land. The terms real property and real estate are generally synonymous.

Land is generally defined as the earth’s surface, extending downward to the center of the earth and upward to infinity—including everything that is permanently attached by nature, such as trees and water. Land includes minerals below the earth’s surface and airspace above the land.

Real property is often classified and referenced according to its use as residential, commercial, industrial, agricultural, or special purpose property. Real property is generally contrasted with personal property, which includes all movable, tangible things that are not real property.


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State Statutes for the State of Texas

CHAPTER 15 - UNIFORM REAL PROPERTY ELECTRONIC RECORDING ACT

UNIFORM REAL PROPERTY ELECTRONIC RECORDING ACT This chapter may be cited as the Uniform Real Property Electronic Recording Act. (B) eligible to be recorded in the real property records maintained by a county clerk.

CHAPTER 2166 - BUILDING CONSTRUCTION AND ACQUISITION AND DISPOSITION OF REAL PROPERTY

BUILDING CONSTRUCTION AND ACQUISITION AND DISPOSITION OF REAL PROPERTY for state purposes, and the disposition of real property owned by the state. property and interests in real property, including the vacation of street rights-of-way, easements, (1) real property acquired for a building site; and ACQUISITION OF REAL PROPERTY AS ALTERNATIVE TO LEASING SPACE.

CHAPTER 22 - PUBLIC SALE OF RESIDENTIAL REAL PROPERTY UNDER POWER OF SALE

PUBLIC SALE OF RESIDENTIAL REAL PROPERTY UNDER POWER OF SALE (2) "Residential real property" means: This chapter applies only to a public sale of residential real property conducted under a power of sale

CHAPTER 29 - FORCED SALE OF OWNER'S INTEREST IN CERTAIN REAL PROPERTY AS REIMBURSEMENT FOR PROPERTY TAXES PAID BY CO-OWNER ON OWNER'S BEHALF

FORCED SALE OF OWNER'S INTEREST IN CERTAIN REAL PROPERTY AS REIMBURSEMENT FOR PROPERTY TAXES PAID BY This chapter applies only to real property that is not exempt from forced sale under the constitution (a) A person, including a nonprofit organization, that owns an undivided interest in real property to proof under Section 29.003, the court shall enter an order that divests the defendant's interest in the real property that is the subject of the petition and that orders the petitioner to pay to the defendant

CHAPTER 66 - SALE OF PROPERTY SUBJECT TO OIL OR GAS LEASE

(3) "Real property" means an estate covering the mineral interest in hydrocarbons or the mineral interest (b) Notwithstanding any other law, an oil or gas lease covering real property subject to a security to the extent that the security instrument under which the real property was foreclosed had priority property to the extent that the security instrument under which the real property was foreclosed had property or the lessee of an oil or gas lease and the purchaser of foreclosed real property controls

CHAPTER 31 - GENERAL LAND OFFICE

(10) "Market value" means the value of real property determined by an appraisal of the real property property may exchange the real property for real property that is suitable for such purpose. real property. REAL PROPERTY INVENTORY. REAL PROPERTY REVIEW.

Federal Statutes

§ 572. Real property

.— Except as provided in subsection (b), proceeds of the disposition of surplus real and related personal property by the Administrator of General Services shall be set aside in a separate fund in the Treasury .— In each fiscal year, no more than 12 percent of the proceeds of all dispositions of surplus real and related personal property may be paid to meet direct expenses incurred in connection with the dispositions .— This subsection applies to real property, including any improvement on the property, that is under

§ 765. Real property transactions

(1) An acquisition of fee title to any real property, if the estimated price is more than $50,000. (3) A lease of real property owned by the United States, if the estimated annual rental is more than (4) A transfer of real property owned by the United States to another Federal agency or to a State, This section applies only to real property in the States of the Union, the District of Columbia, and of Government-owned real property for agricultural or grazing purposes.

§ 5105. Inventory of real property

The Commandant shall maintain an inventory of all real property, including submerged lands, under the The Commandant shall update information on each unit of real property included in the inventory required (1) a list of all real property under the control of the Coast Guard and the location of such property

§ 4525. Real property taxation

Nothing in this part shall be construed to exempt any real property that may be acquired and held by the Secretary as a result of the exercise of lien or subrogation rights from real property taxation to the same extent, according to its value, as other real property is taxed.

§ 2664. Limitations on real property acquisition

No military department may acquire real property not owned by the United States unless the acquisition The foregoing limitation shall not apply to the acceptance by a military department of real property

§ 108. Advance acquisition of real property

For the purpose of facilitating the timely and economical acquisition of real property interests for .— For the purpose of facilitating the timely and economical acquisition of real property interests for .— A State may carry out, at the expense of the State, acquisitions of interests in real property for (A) the State has authority to acquire the real property interest under State law; and The acquisition of a real property interest—

§ 2945. Conveyance of real property

Notwithstanding any other provision of law, the Secretary may convey, at fair market value, real property The conveyance of real property under this section shall be by sale, for cash. (1) The conveyance of real property under this section shall be by sale, for cash. (2) The conveyance of real property under this section shall not diminish the mission capacity of the