real estate


Real estate is "Property consisting of country and also the buildings on it, along with its natural resources including crops, minerals, or water; immovable residence of this nature; an interest vested in this; also an product of real property; much more normally buildings or housing in general. Also: the firm of real estate; the profession of buying, selling, or renting land, buildings, or housing."
It is a legal word in jurisdictions, including the United Kingdom, Canada, Australia, United States of America, Dubai, Trinidad and Tobago, Barbados, and also the Bahamas. Real estate law may be the system of regulations and legal codes which pertain to such matters under a particular jurisdiction and concerns such issues as commercial and residential residence ownership, development, and transactions. Real estate is usually regarded as synonymous with real residence (sometimes named realty), in contrast with personal residence (sometimes named 'chattels' or 'personalty' under 'chattel law' or 'personal residence law'). The terms 'real estate' and 'real property' are utilized primarily in common law, although civil law jurisdictions refer instead to immovable property. However, in some situations the word 'real estate' refers towards the country and fixtures thereon together, as distinguished from 'real property', referring towards the ownership of country and its appurtenances, including anything of the permanent nature including structures, trees, minerals, and also the interest, benefits, and inherent rights thereof. Real residence is normally regarded as to be immovable property.