"Real property" is land; manufactured goods, buildings, tangible property, intangible property such as [[intellectual property]] is the produce of labor that is consumed slowly, or depreciates over time. Unconsumed labor is often referred to as "[[capital]]," which then is used to set the economic process in motion and employ more people.
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"Real property" is land; manufactured goods, buildings, tangible property, intangible property such as [[intellectual property]] is the produce of labor that is consumed slowly, or depreciates over time. Unconsumed labor is often referred to as "[[capital]]," which then is used to set the economic process in motion and employ more people.