Land, Real Estate, and Real Property

Learn how land, permanent improvements, and ownership rights fit together—and distinguish physical real estate from the legal rights associated with it.

What you’ll learn

• Distinguish the physical land and improvements from the ownership rights associated with them.
• Classify natural property features as land and permanent human-made additions as improvements.
• Explain the distinction between real estate and real property.
• Identify ownership rights involving possession, control, enjoyment, exclusion, and disposition.