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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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@Shelly1912 Yeah - @rob_Ham 's appearing in upcoming aussiehome TV Show talking twitter and facebook in real estate - he's already a star!
ChazGunningham (Charlie Gunningham) Fri, 14 Aug 2009 09:27:12 -0000
@Shelly1912 Yeah - @rob_Ham 's appearing in upcoming aussiehome TV Show talking twitter and facebook in real estate - he's already a star!
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LourdesFeltoA (Lourdes Felton) Fri, 14 Aug 2009 09:27:08 -0000
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tAg and Stephanie L Davis in in New York Times Real Estate Section: "The Hunt": http://bit.ly/14Z6NA #tAg
ADVOCATEGROUP (Stephanie L Davis) Fri, 14 Aug 2009 09:26:15 -0000
tAg and Stephanie L Davis in in New York Times Real Estate Section: "The Hunt": http://bit.ly/14Z6NA #tAg
Self Directed IRA Custodian :: Real Estate IRA :: Rollover 401k ...: 800-642-7167, Self Directed IRA Custodian, .. http://bit.ly/2Mdhsd
ExeterIRA (Self Directed IRAs) Fri, 14 Aug 2009 09:25:12 -0000
Self Directed IRA Custodian :: Real Estate IRA :: Rollover 401k ...: 800-642-7167, Self Directed IRA Custodian, .. http://bit.ly/2Mdhsd
Having a blog is a great marketing tool for Real Estate Agents, but you should do it right - http://www.agentmapit.com/blog/?p=149
rickhendershot (Rick Hendershot) Fri, 14 Aug 2009 09:24:33 -0000
Having a blog is a great marketing tool for Real Estate Agents, but you should do it right - http://www.agentmapit.com/blog/?p=149
finished a mock for a new Real Estate site's homepage time to go bowling! #realestate
RMWPublishing (RMW Web Publishing) Fri, 14 Aug 2009 09:23:50 -0000
finished a mock for a new Real Estate site's homepage time to go bowling! #realestate

 
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