Realty
Term · Law · MLC-T-LAW-004125
Land and all things permanently attached to it, including buildings, structures, and natural resources like minerals, trees, and water. This category of property, also known as real property or real estate, is distinct from personal property, which includes movable possessions. The transfer of realty is subject to specific legal formalities, such as the execution and recording of a written deed.
| Identifier | MLC-T-LAW-004125 |
|---|---|
| Field | Law |
| See also | Real property |
Record as JSON
{
"id": "MLC-T-LAW-004125",
"term": "Realty",
"field": "Law",
"definition": "Land and all things permanently attached to it, including buildings, structures, and natural resources like minerals, trees, and water. This category of property, also known as real property or real estate, is distinct from personal property, which includes movable possessions. The transfer of realty is subject to specific legal formalities, such as the execution and recording of a written deed.",
"see_also": [
"real property"
],
"url": "https://mlchart.com/terminology/law/realty/"
}
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