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Actual property is a particular instance of actual property Actual property, a broader term, includes land, buildings and different improvements – plus the rights of use and pleasure of that land and all its improvements. Renters and leaseholders could have rights to inhabit land or buildings which can be considered part of their private estate, however aren’t considered actual property. Baker Katz, a Houston commercial real property firm, has purchased the property from a Philadelphia financial company that acquired mall out of bankruptcy about a decade ago. The developers said they intend to make enhancements, however will first spend time finding out what the property needs most.
