What is an appurtenance in real estate?

In real estate, an appurtenance refers to a right, privilege, or improvement that is associated with a property and typically transfers with the property when ownership changes hands. This can include physical fixtures like fences, sheds, or swimming pools that are permanently attached to the land, as well as rights to access natural resources such as water or minerals. The key characteristic of an appurtenance is its attachment to the land and its contribution to the property's value or use.

Understanding this concept is essential for real estate transactions because it helps clarify what is included in the sale and what rights accompany the property. Appurtenances enhance the property's overall value and utility, making the definition critical for buyers, sellers, and agents alike.

The incorrect options do not align with the established definition. Financing options and types of titles do not represent physical attachments to the property, while specific property types pertain more to categories of real estate rather than the inherent rights or items associated with the land.