interests in real property
Defined in 1 place of the United States Code.
The term “interests in real property” includes fee ownership and co-ownership of land or improvements thereon, leaseholds of land or improvements thereon, options to acquire land or improvements thereon, and options to acquire leaseholds of land or improvements thereon, but does not include mineral, oil, or gas royalty interests.
Source
- 1994–present26 U.S.C. § 856Internal Revenue Code · Definition of real estate investment trust · for purposes of this part