- published: 09 Apr 2013
- views: 3048
Real estate is "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing."
It is a legal term used in jurisdictions such as the United States, United Kingdom, Canada, and Australia.
In the laws of the United States of America, the 'real' in 'real estate' means relating to a thing (res/'rei', thing, from O.Fr. 'reel', from L.L. 'realis' 'actual', from Latin. 'res', 'matter, thing'), as distinguished from a person. Thus the law broadly distinguishes between 'real' property (land and anything affixed to it) and 'personal' property or chattels (everything else, e.g., clothing, furniture, money). The conceptual difference was between 'immovable property', which would transfer title along with the land, and 'movable property', which a person could lawfully take and would retain title to on disposal of the land.
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Actors: Erik Klein (editor), Lesley Wolff (actress), Sabrina Soto (actress), Sabrina Soto (actress), Sabrina Soto (actress), Lisa Lotti (miscellaneous crew), Brian Balthazar (producer), Emily Newman (miscellaneous crew), Katie Leary (miscellaneous crew), Suzanne Ferucci (producer),
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