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’s rather grisly, isnt it, how soon a living man becomes nothing more than a collection of stocks and bonds and debts and real estate?”
—John Dos Passos (1896–1970)
“I believe very profoundly in an over-ruling Providence, and I do not fear that any real plans can be thrown off the track. It may not be intended that I shall be President—but that would not break my heart.”
—Woodrow Wilson (1856–1924)
“Sweet are the thoughts that savour of content,
The quiet mind is richer than a crown;
Sweet are the nights in careless slumber spent,
The poor estate scorns Fortune’s angry frown.
Such sweet content, such minds, such sleep, such bliss,
Beggars enjoy, when princes oft do miss.”
—Robert Greene (1558?–1592)