Real Estate Terms::What is Real Estate? Real Estate Terms:What is "Real Estate"?
Real estate or immovable property is a legal term (in some jurisdictions) that encompasses land along with
anything permanently affixed to the land, such as buildings. Real estate (immovable property) is often
considered synonymous with real property (also sometimes called realty), in contrast with personal property
(also sometimes called chattel or personalty). However, for technical purposes, some people prefer to
distinguish real estate, referring to the land and fixtures themselves, from real property, referring to ownership
rights over real estate. The terms real estate and real property are used primarily in common law, while civil
law jurisdictions refer instead to immovable property.
..
Real Estate Terms::What is Real Estate? Related Sites
[READ MORE : Real Estate Terms::What is Real Estate? ] |