What term refers to the interests, benefits, and rights in the ownership of land?

The term that refers to the interests, benefits, and rights in the ownership of land is "real property." Real property encompasses not only the physical land itself but also the permanent structures and resources on it, such as buildings, trees, and mineral rights. It signifies a broader concept that includes both the land and everything attached to it, along with the legal rights associated with ownership.

In contrast, real estate is often used to describe the physical land and buildings, without necessarily addressing the legal aspects of ownership. Personal property refers to movable items that are not fixed to land, like vehicles or furniture, and therefore does not apply when discussing land ownership. Immovable property, while it seems applicable, is a less commonly used term in the context of legal rights and ownership as it does not encapsulate the full breadth of interests associated with land ownership as effectively as real property does. Thus, real property is the most comprehensive and accurate term for describing the interests, benefits, and rights in land ownership.