{"id":933,"count":1,"description":"\r\nJump to:\r\nWhat is real property?<\/a>\r\nWhat are capital improvements?<\/a>\r\n\r\n\r\nWhat is real property?\r\n\r\nReal property refers to land and\/or improvements that are affixed to land. The main aspect of real property is that it is not movable (in this respect, it is the opposite of \u201cpersonal property\u201d).\r\nLand is the most basic form of real estate (most immovable estate), and to own land is the highest ownership interest that can be held in real estate. Also called \u201cfee simple,\u201d the full ownership of land grants the maximum accumulation of rights, powers, privileges and immunities. Ownership of land is alienable (can be transferred, with no restrictions), devisable (distributed by will), and descendible (passed down through generations).\r\n\r\n\r\nWhat are capital improvements?\r\n\r\nCapital improvements are any immovable developments which improve the land (increase its value). Immovable assets associated with the land may also include natural resources, such as water, ore, crops, and the like. In real estate, though, improvements mostly refer to construction erected on the land (permanently attached to it). This includes not only the buildings themselves, but also maintenance additions, which may elevate the value of the property, over time.\r\nFor example, restoring aspects of a property which increase its useful life (roof repair or replacement, pavement maintenance of driveways and parking lots, or landscaping), or repurposing a property in order to adapt it for a new use\u2013adaptive reuse projects may extend from refurbishing the interior of a structure to partially demolishing and rebuilding the structure.\r\n\r\n\r\nYou might also be interested in:\r\n\r\n \tWhat is sale contingency?<\/a>\r\n \tWhat is sales comparison?<\/a>\r\n \tWhat is shadow inventory?<\/a>\r\n\r\n\r\n\r\nSearch other terms\r\n\r\n\r\n\r\nA<\/a>\r\nB<\/a>\r\nC<\/a>\r\nD<\/a>\r\n\r\n\r\nE<\/a>\r\nF<\/a>\r\nG<\/a>\r\nH<\/a>\r\n\r\n\r\nI<\/a>\r\nJ<\/a>\r\nK<\/a>\r\nL<\/a>\r\n\r\n\r\nM<\/a>\r\nN<\/a>\r\nO<\/a>\r\nP<\/a>\r\n\r\n\r\nQ<\/a>\r\nR<\/a>\r\nS<\/a>\r\nT<\/a>\r\n\r\n\r\nU<\/a>\r\nV<\/a>\r\nW<\/a>\r\nX<\/a>\r\n\r\n\r\nY<\/a>\r\nZ<\/a>\r\n\r\n\r\n\r\nPopular terms\r\n\r\n\r\n\r\nAmortization<\/a>\r\n\r\n\r\nEquity <\/a>\r\n\r\n\r\nNotary Public <\/a>\r\n\r\n\r\nProgression\/Regression<\/a>\r\n\r\n\r\nAcquisition <\/a>\r\n\r\n\r\nAnnuity <\/a>\r\n\r\n\r\nAsset <\/a>\r\n\r\n\r\nFiduciary <\/a>\r\n\r\n\r\nInflation <\/a>\r\n\r\n\r\nContingency <\/a>\r\n\r\n\r\nEscrow<\/a>\r\n\r\n\r\nPower of attorney <\/a>\r\n\r\n\r\nReal Estate Agent <\/a>\r\n\r\n\r\nEminent Domain <\/a>\r\n\r\n\r\nLiability <\/a>\r\n\r\n\r\nStatute of Limitations<\/a>\r\n\r\n\r\nValid <\/a>\r\n\r\n\r\nVariance<\/a>\r\n\r\n\r\nContiguous <\/a>\r\n\r\n\r\nDeficit<\/a>\r\n\r\n\r\n\r\n","link":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-property\/","name":"Real Property","slug":"cre-term-real-property","taxonomy":"post_tag","meta":[],"yoast_head":"\nWhat is Real Property? - Commercial Real Estate Dictionary<\/title>\n<meta name=\"description\" content=\"Real property refers to land and\/or improvements that are affixed to land. The main aspect of real property is that it is not movable (in this respect, it is the opposite of \u201cpersonal property\u201d).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real Property Archives\" \/>\n<meta property=\"og:description\" content=\"Real property refers to land and\/or improvements that are affixed to land. 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The main aspect of real property is that it is not movable (in this respect, it is the opposite of \u201cpersonal property\u201d).\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-property\/#breadcrumb\"},\"inLanguage\":\"en-US\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-property\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialcafe.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Real Property\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#website\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/\",\"name\":\"CommercialCafe\",\"description\":\"Your Commercial Real Estate Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialcafe.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What is Real Property? - Commercial Real Estate Dictionary","description":"Real property refers to land and\/or improvements that are affixed to land. The main aspect of real property is that it is not movable (in this respect, it is the opposite of \u201cpersonal property\u201d).","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-property\/","og_locale":"en_US","og_type":"article","og_title":"Real Property Archives","og_description":"Real property refers to land and\/or improvements that are affixed to land. The main aspect of real property is that it is not movable (in this respect, it is the opposite of \u201cpersonal property\u201d).","og_url":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-property\/","og_site_name":"CommercialCafe","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"CollectionPage","@id":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-property\/","url":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-property\/","name":"What is Real Property? - Commercial Real Estate Dictionary","isPartOf":{"@id":"https:\/\/www.commercialcafe.com\/blog\/#website"},"description":"Real property refers to land and\/or improvements that are affixed to land. The main aspect of real property is that it is not movable (in this respect, it is the opposite of \u201cpersonal property\u201d).","breadcrumb":{"@id":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-property\/#breadcrumb"},"inLanguage":"en-US"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-property\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialcafe.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Real Property"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialcafe.com\/blog\/#website","url":"https:\/\/www.commercialcafe.com\/blog\/","name":"CommercialCafe","description":"Your Commercial Real Estate Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialcafe.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/tags\/933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/tags"}],"about":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/taxonomies\/post_tag"}],"wp:post_type":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/posts?tags=933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}