The short answer to that is yes, it is. When land changes hands between parties, and again, we talk about a major interest in land, if freehold or long leasehold, that would have to be registered at the land registry and depending upon the nature of the land, there may well be large sums of money involved. Now, it may be a small parcel of land, it could be a strip of land, it could be a part of somebody’s garden where there isn’t a great deal of value. But of course, it could be a large area, acres of property development land, which is subject to planning permission, which would be very valuable indeed. So, the short answer is yes, land is property.
