Which of the following is included in the definition of real property?

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The definition of real property specifically encompasses land, buildings, and fixtures. Real property refers to immovable property, which includes not only the surface of the land but also any structures attached to it, such as homes or commercial buildings. Fixtures are items that were once personal property but have been permanently affixed to the land or buildings in such a way that they are considered part of the real estate.

This definition is crucial in the context of real estate transactions, property taxation, and legal considerations, as it distinguishes real property from personal property, which encompasses movable items. The other choices provided fall under personal property, which does not qualify as real estate. For instance, vehicles, stock shares, and many forms of personal belongings are separable from the land and buildings, thus categorizing them distinctly apart from real property. Understanding these distinctions is vital for anyone involved in real estate practices, including auctioneers.

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