What is considered "real property" in North Carolina real estate law?

In North Carolina real estate law, "real property" is defined as land and anything permanently attached to it, which includes buildings, structures, and improvements. This definition emphasizes the importance of both the physical land itself and the enhancements or fixtures that are affixed to that land, making them an integral part of the property.

Understanding that real property includes not just the raw land but also developments on it is essential for various aspects of real estate transactions, such as property valuation, transfer, and legal considerations. When something is permanently attached to land—such as a house, garage, or any other type of structure—it is typically classified as real property and remains with the land upon sale unless stated otherwise.

The other options do not encompass the full scope of what constitutes real property. For instance, mentioning exclusively land or focusing solely on specific types of properties like investment or commercial buildings limits the broader legal definition. Additionally, including personal property, such as furniture or moveable objects, in the definition of real property would not align with established real estate laws, as personal property is distinguished from real property in legal contexts. Therefore, the broader definition reflecting both land and its permanent attachments captures the essence of what real property is in North Carolina.