What legal rights transfer with real property and run with the land?

The correct answer is appurtenances, which refer to rights, privileges, and improvements that are attached to and run with the land. These can include things like easements, rights of way, and water rights that are tied to the property itself rather than the owner. When real property is sold or transferred, these appurtenances automatically go to the new owner, ensuring that the rights associated with the property remain intact and continue to benefit the land.

This concept is crucial in real estate because it guarantees that the new property owner enjoys the same rights as the previous owner, fostering continuity and stability in property usage. Appurtenances help define the full scope of ownership beyond mere physical boundaries, encompassing what enhancements and rights are included in the property sale.