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MyWikiBiz, Author Your Legacy — Monday September 30, 2024
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772 bytes added ,  21:52, 8 January 2007
Copied from Wikipedia GFDL, Revision as of 14:35, 16 February 2006 by Monkeyman
'''Real estate''' or [[immovable property]] is a [[law|legal]] term (in some jurisdictions) that encompasses land along with anything permanently affixed to the land, such as [[building]]s. Real estate (immovable property) is often considered synonymous with '''[[real property]]''' (also sometimes called ''realty''), in contrast with [[personal property]] (also sometimes called ''chattel'' or ''personalty''). However, for technical purposes, some people prefer to distinguish real estate, referring to the land and fixtures themselves, from real property, referring to ownership rights over real estate. The terms ''real estate'' and ''real property'' are used primarily in [[common law]], while [[civil law]] [[jurisdiction]]s refer instead to [[immovable property]].

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