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TeachMeFinance.com - explain real property real property 'real property' is an military term meaning '(DOD) Lands, buildings, structures, utilities systems, improvements, and appurtenances thereto. Includes equipment attached to and made part of buildings and structures (such as heating systems) but not movable equipment (such as plant equipment)'. Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. |