What is included in the concept of real property?

Real property encompasses more than just the land itself; it includes anything that is permanently attached to that land. This concept is fundamental in real estate and refers to both the land and any structures or improvements that have been made to it, such as buildings, fences, and other fixtures. These elements are considered part of the real property because they are typically intended to remain with the land and cannot be easily removed without causing damage.

In the context of this question, the correct understanding of real property recognizes that it includes the physical components that are affixed to the land, hence the inclusion of buildings and improvements as a core aspect of real property. This is distinct from natural resources, which might only pertain to what can be harvested or extracted from the land, and from financial investments or permits, which are separate considerations and do not represent the physical properties of real estate.