Gourt > Regional > Europe > Spain > Autonomous Communities > Balearic Islands > Business and Economy > Real Estate
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. More on [ Real estate ]
Real Estate :: Business and Economy
MyWorldPlus Shopping Discount Cards » Blog Archive » Real Estate ... http://bit.ly/iUeXq
RealEstate4Cash (Real Estate) Fri, 28 Aug 2009 01:35:19 -0000
MyWorldPlus Shopping Discount Cards » Blog Archive » Real Estate ... http://bit.ly/iUeXq
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RealEstate4Cash (Real Estate) Fri, 28 Aug 2009 01:35:09 -0000
Buying a vacation home, Real Estate Investing Property Management http://bit.ly/KS2RZ
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RealEstate4Cash (Real Estate) Fri, 28 Aug 2009 01:35:04 -0000
Learning the Difference Between Flipping and Real Estate Investing ... http://bit.ly/DeXbd
» Real Estate Investing In The Age Of Government Intervention ... http://bit.ly/kFt7u
RealEstate4Cash (Real Estate) Fri, 28 Aug 2009 01:34:57 -0000
» Real Estate Investing In The Age Of Government Intervention ... http://bit.ly/kFt7u
How To Choose The Best Real Estate Investing Web Site: With the current real estate market slump, there are more.. http://bit.ly/vjTCU
CalgaryAgent (Calgary Real Estate) Fri, 28 Aug 2009 01:34:55 -0000
How To Choose The Best Real Estate Investing Web Site: With the current real estate market slump, there are more.. http://bit.ly/vjTCU
RT @joespake: Would this be a good time to mention I am a real estate agent? {as good a time as any}
mdsuburbs (Ken Montville) Fri, 28 Aug 2009 01:34:53 -0000
RT @joespake: Would this be a good time to mention I am a real estate agent? {as good a time as any}
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