Real Estate From World Real Estate, The Free Encyclopedia

Real estate is a legal term (in some jurisdictions, notably in the USA) that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is stationary, or fixed in location.[1] Real estate is often considered synonymous with real propertyrealty), in contrast with (also sometimes called personal property (also sometimes called chattelpersonalty). However, in some situations the term "real estate" refers to the land and or fixtures together, as distinguished from "real property," referring to ownership rights of the land itself.

The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property.

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