The person who acquires real property under the terms of a will is known as a ​

Devisee

Explanation:

Devisee is the term associated to the individual who is left with the real estate property according to the terms of the bill. A devisee may or may not be related with the decedent. It is because of the presence of devisee in the will of the decedent that the devisee receives the property and becomes the owner of it. In the case where the property is left with with the devisee becomes the owner.