Contract definitions library

Real Property definition: Copy, customize, and use instantly

Introduction

The term "Real Property" refers to land and anything permanently affixed to it, including buildings, structures, and natural resources. It is essential for defining ownership, use, and transfer rights within a contract, particularly in the context of property transactions and leases.

Below are various examples of how "Real Property" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.

Definition of "Real Property" as land and improvements

This definition ties "Real Property" to land along with any structures or enhancements.

"Real Property" means the land, including all improvements, buildings, structures, and fixtures permanently affixed to the land, as described in this agreement.

Definition of "Real Property" as residential property

This definition connects "Real Property" to properties intended for residential use.

"Real Property" refers to the residential land, including any structures or improvements, used for dwelling purposes and located at the address specified in this contract.

Definition of "Real Property" as commercial property

This definition links "Real Property" to property intended for business use.

"Real Property" means the land and buildings located at the specified address, intended for use as a commercial property for retail, office, or industrial purposes.

Definition of "Real Property" as vacant land

This definition applies "Real Property" to undeveloped or unimproved land.

"Real Property" refers to the vacant land described in the agreement, with no existing structures, utilities, or developments, located at the specified location.

Definition of "Real Property" as agricultural land

This definition ties "Real Property" to land used for farming or agricultural purposes.

"Real Property" means the agricultural land, including all crops, livestock, and equipment necessary for its operation, located at the property address provided.

Definition of "Real Property" as fee simple estate

This definition connects "Real Property" to ownership under a fee simple title.

"Real Property" refers to the land and any improvements on it, owned under a fee simple estate, granting full ownership rights to the titleholder without limitations.

Definition of "Real Property" as leasehold interest

This definition links "Real Property" to a property leased by the tenant.

"Real Property" means the leased land and property, including all rights granted under the lease agreement, for the duration of the lease term.

Definition of "Real Property" as easement rights

This definition applies "Real Property" to land where easement rights are granted.

"Real Property" refers to the land on which an easement is granted, allowing specific use or access rights for a particular purpose, as described in the easement agreement.

Definition of "Real Property" as real estate assets

This definition ties "Real Property" to assets held for investment purposes.

"Real Property" means the collection of real estate assets, including land, buildings, and structures, held for investment or commercial purposes.

Definition of "Real Property" as encumbered property

This definition connects "Real Property" to land with existing liens or claims.

"Real Property" refers to the property located at the specified address, which is encumbered by a mortgage, lien, or other legal claim as described in the deed.

Definition of "Real Property" as residential leasehold

This definition links "Real Property" to leased residential properties.

"Real Property" means the residential property leased to the tenant, including all structures, improvements, and facilities located on the leased premises.

Definition of "Real Property" as property subject to zoning

This definition applies "Real Property" to land regulated by local zoning laws.

"Real Property" refers to the land and improvements located at the specified address, which is subject to local zoning regulations and restrictions for its use.

Definition of "Real Property" as deeded property

This definition ties "Real Property" to land with formal ownership documents.

"Real Property" means the land and any attached structures, with ownership formally transferred through a deed as per the terms outlined in this contract.

Definition of "Real Property" as intellectual property linked to land

This definition connects "Real Property" to intellectual property rights tied to a physical property.

"Real Property" refers to both the land and the intellectual property rights related to the property, including any patents, trademarks, or copyrights associated with the land.

Definition of "Real Property" as a land trust

This definition links "Real Property" to property held in trust.

"Real Property" refers to the land and structures held in trust, with legal title belonging to the trustee for the benefit of the beneficiaries named in the trust agreement.

Definition of "Real Property" as agricultural lease

This definition applies "Real Property" to land leased for farming or agriculture.

"Real Property" refers to the agricultural land, leased for farming or livestock operations, with all rights and responsibilities transferred to the lessee as per the lease terms.

Definition of "Real Property" as mixed-use development

This definition ties "Real Property" to land used for both residential and commercial purposes.

"Real Property" means the land and associated improvements used for mixed-use development, incorporating both residential and commercial spaces.

Definition of "Real Property" as vacant parcel of land

This definition connects "Real Property" to a single, undeveloped parcel of land.

"Real Property" refers to the vacant parcel of land described in the agreement, located at the address provided, with no current developments or improvements.

Definition of "Real Property" as cooperative apartment ownership

This definition links "Real Property" to ownership in a cooperative apartment.

"Real Property" means the cooperative apartment ownership interest, including all rights associated with the use and occupancy of the cooperative unit, as outlined in the cooperative agreement.

Definition of "Real Property" as land subject to conservation easement

This definition applies "Real Property" to land with restrictions on development or usage for conservation purposes.

"Real Property" refers to the land subject to a conservation easement, with restrictions on development or alterations to preserve the natural state of the property.