Real property

Real property is a legal concept that refers to a real estate including the bundle of property rights in addition to real estate ownership. Examples of real property rights include the right of ownership, right of possession, right of exclusion, right of disposition, and the right of use and enjoyment.

Real property, real estate, realty, or immovable property are mostly used interchangeably. However, in the legal sense, real property is a broader concept than real estate and refers to the bundle of rights involved with ownership.