Which term refers to the interests and rights involved in real estate ownership?

The term that refers to the interests and rights involved in real estate ownership is "real property." This concept encompasses not only the physical land and any structures on it but also the rights associated with the property, such as the right to use it, lease it, sell it, or develop it. Real property is a legal term that signifies the entirety of what is included in property ownership, covering both the tangible and intangible aspects such as rights, interests, and any associated entitlements.

Commercial property, personal property, and investment property are more specific categories within the broader scope of real property. Commercial property pertains to real estate that is used for business purposes and includes retail spaces, office buildings, and warehouses. Personal property, on the other hand, refers to movable items that are not permanently attached to the land, such as furniture or vehicles. Investment property typically refers to real estate purchased for the purpose of generating income or appreciation, which is also a subset of real property. By understanding that "real property" captures the complete spectrum of ownership rights and interests, you can appreciate its foundational role in real estate law and practice.