Source : Webster's Revised Unabridged Dictionary (1913)

Realty \Re"al*ty\, n. [OF. r['e]alt['e], LL. regalitas, fr. L.
   regalis. See {Regal}.]
   1. Royalty. [Obs.] --Chaucer.

   2. Loyalty; faithfulness. [R.] --Milton.

Realty \Re"al*ty\, n. [Contr. from 1st {Reality}.]
   1. Realty. [Obs.] --Dr. H. More.

   2. (Law)
      (a) Immobility, or the fixed, permanent nature of real
          property; as, chattels which savor of the realty; --
          so written in legal language for reality.
      (b) Real estate; a piece of real property. --Blackstone.

Source : WordNet®

realty
     n : property consisting of houses and land [syn: {real property},
          {real estate}]