Real property land law an overview property signifies dominion or right of use control and disposition which one may lawfully exercise over things objects or land one of the basic dividing lines between property is that between real property and personal property. In 2003 a citizens complaint was filed with the states real estate appraiser board alleging that the appraisal improperly valued the manufactured home as real property while it was still personal property in 2006 the board sent notice of a hearing to rickett charging him with a state law violation on those grounds. Definition of real estate and real property law the legal definition of real estate or real property is land and the buildings on it real estate law governs who may own and use the land this simple concept includes a wide range of different legal disciplines first real estate may be either residential or commercial
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