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, Australia and New Zealand.
Read more about Real Estate: Etymology, Business Sector, Residential Real Estate, Market Sector Value, Mortgages in Real Estate
Famous quotes containing the words real estate, real and/or estate:
“It is not quite safe to send out a venture in this kind, unless yourself go supercargo. Where a man goes, there he is; but the slightest virtue is immovable,—it is real estate, not personal; who would keep it, must consent to be bought and sold with it.”
—Henry David Thoreau (1817–1862)
“The pendulum oscillates between these two terms: Suffering—that opens a window on the real and is the main condition of the artistic experience, and Boredom ... that must be considered as the most tolerable because the most durable of human evils.”
—Samuel Beckett (1906–1989)
“Our vices always lie in the direction of our virtues, and in their best estate are but plausible imitations of the latter.”
—Henry David Thoreau (1817–1862)