Real Estate

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 and/or estate:

    The science of constructing a commonwealth, or renovating it, or reforming it, is, like every other experimental science, not to be taught a priori. Nor is it a short experience that can instruct us in that practical science, because the real effects of moral causes are not always immediate.
    Edmund Burke (1729–1797)

    I ‘gin to be aweary of the sun,
    And wish th’ estate o’ the world were now undone.
    William Shakespeare (1564–1616)