What qualifies as real property, particularly in the case of property exchanged under Internal Revenue Code Section 1031, has been clarified by the federal government in recent years.

The definition of real property in the Proposed Regulations is consistent with the definition in Treas. Reg. § 1.856-3(d) and other published guidance, which includes land, inherently permanent ...

Two years after President Bush issued an executive order on reforming management of real property, federal agencies have made little progress in accounting for their holdings or ensuring they are ...