What does 'real property' encompass?

Real property is a legal term that refers to land and anything that is permanently attached to it. This includes not only the land itself but also any buildings, structures, and improvements that are affixed to the land. The definition encompasses all elements that are considered part of the property, such as fences, roads, and landscaping.

When considering the other options, amenities that enhance property value are typically not classified as real property since they may not be permanently attached. Investment properties refer specifically to properties held for investment purposes and do not encompass the broader definition of real property. Lastly, while vacant land is indeed part of real property, it does not capture the full scope since real property also includes any improvements that may exist on the land. Hence, the most comprehensive and accurate definition of real property is that it includes land and anything permanently attached to it, such as buildings and improvements.