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real property:

... land and anything affixed that is of a permanent nature whether natural or constructed; a real estate site with structures, equipment and elements of the environment that are not movable, thus adding to its value as a parcel of geography or land asset.

A land asset is defined as solid ground of material wealth. It is a real estate site used or available to produce capital. A land asset is a element of geography as suggested above. As such, it has a quality of value and is available or used in the production of wealth.

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related: real estate terms; commercial and industrial real estate; site selection

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FYI: definition of real property what is real property definition of land asset as land and buildings as material wealth what are land assets define real commercial property define real industrial property definition of commercial and industrial property definition of real commercial property definition of real industrial property

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Economic Development Services, Inc. / copyrights © and all rights reserved / 08/28/2011