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Real estate, or immovable property, is a legal term (in some jurisdictions) that encompasses land along with anything permanently affixed to the land, such as buildings. 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 jurisdictions refer instead to immovable property. Property law, the area of the common law that governs real property, differs from contract law in that it focuses primarily on rights that one person holds over all other people, as opposed to specific individuals.

Background


In recent years, many economists have recognized that the lack of effective real estate laws can be a significant barrier to investment in many developing countries. In most societies, rich or poor, a significant fraction of the total wealth is in the form of land and buildings. In most advanced economies, the main source of capital used by individuals and small companies to purchase and improve land and buildings is mortgages -- bank loans for which the real property itself constitutes collateral. Banks are willing to make such loans at favorable rates in large part because if the borrower does not make payments the lender can foreclose, that is, file a court action that lets them take the property and sell it to get their money back. However, in many developing countries, there is no effective means by which a lender could foreclose, so the mortgage loan industry as such either does not exist at all or is only available to members of privileged social classes.

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Open House? Google Has Also Been Eying Trulia in Real Estate Search Play http://drp.ly/4v27R
aleksbasara (Aleksandar Basara) Sat, 19 Dec 2009 01:27:59 -0000
Open House? Google Has Also Been Eying Trulia in Real Estate Search Play http://drp.ly/4v27R
I uploaded a YouTube video -- Steve Stock, Founder of S R STOCK Properties Talks About Real Estate Inv... http://bit.ly/7YitLz
stevestock (stevestock) Sat, 19 Dec 2009 01:27:34 -0000
I uploaded a YouTube video -- Steve Stock, Founder of S R STOCK Properties Talks About Real Estate Inv... http://bit.ly/7YitLz
Have you met our latest real estate expert, Jeffrey Fox? http://ow.ly/NzQz He's got some tips for you on buying & selling your home!
RSVPstyle (RSVPstyle) Sat, 19 Dec 2009 01:26:38 -0000
Have you met our latest real estate expert, Jeffrey Fox? http://ow.ly/NzQz He's got some tips for you on buying & selling your home!
@gregelevin No, I'm saying that City is justifying using proceeds from sale of real estate assets for deferred capital bond debt payment b/c
lanilutar (Lani Lutar) Sat, 19 Dec 2009 01:26:35 -0000
@gregelevin No, I'm saying that City is justifying using proceeds from sale of real estate assets for deferred capital bond debt payment b/c
Atlanta Real Estate News: Fannie and Freddie Suspend Foreclosures http://bit.ly/4BAibB
peterstmartin (Peter St. Martin) Sat, 19 Dec 2009 01:26:04 -0000
Atlanta Real Estate News: Fannie and Freddie Suspend Foreclosures http://bit.ly/4BAibB
Atlanta Real Estate : Housing Starts Jump; Home Sellers Lament. http://bit.ly/635dJx
peterstmartin (Peter St. Martin) Sat, 19 Dec 2009 01:26:03 -0000
Atlanta Real Estate : Housing Starts Jump; Home Sellers Lament. http://bit.ly/635dJx

 
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