Real Estate Information

Real estate is a legal term that encompasses land along with improvements to the land, such as buildings, fences, wells and other site improvements that are fixed in location -- immovable.Real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction and include things such as commercial and residential real property transactions. Real estate is often considered synonymous with real property , in contrast with personal property .

However, in some situations the term "real estate" refers to the land and fixtures together, as distinguished from "real property," referring to ownership of land and appurtenances, including anything of a permanent nature such as structures, trees, minerals, and the interest, benefits, and inherent rights thereof. Real property is typically considered to be Immovable property The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property.

In law, the word real means relating to a thing , as distinguished from a person. Thus the law broadly distinguishes between "real" property and "personal" property . The conceptual difference was between immovable property, which would transfer title along with the land, and movable property, which a person would retain title to. The oldest use of the term "Real Estate" that has been preserved in historical records was in 1666. This use of "real" also reflects the ancient and feudal preference for land, and the ownership thereof.

Wikipedia, Real Estate, http://en.wikipedia.org/wiki/Real_Estate (as of Apr 7, 2010)

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gu · ru [goo-roo] : one who is regarded as having great knowledge, wisdom and experience in a certain area, and who uses it to guide others. Log in or join now now to designate yourself or someone you know a Real Estate guru.

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