How is "real property" best defined?

Real property is best defined as land and anything permanently attached to it. This definition encompasses not only the physical land itself but also buildings, structures, and improvements that have been affixed to that land. The permanence of these attachments is what distinguishes real property from personal property, which includes movable items and possessions.

Real property rights typically involve interests in the land, including the rights to use, lease, sell, or bequeath the land. This definition is fundamental in property law as it establishes the scope of ownership and the types of transactions that can occur concerning real estate.

The other options presented do not accurately capture the essence of real property. For instance, real property can indeed be sold, directly contradicting the assertion that it cannot be sold. Movable assets owned by a person and all personal possessions of a homeowner refer to personal property, which is distinct from real property. Therefore, the selected definition encompasses the comprehensive nature of what constitutes real property under property law.