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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. More on [ Real estate ]
Real Estate :: Business and Economy
Canadian Condominium Institute (CCI)-Atlantic Chapter - An independent, non-profit organization that provides condominium information and resources for the Atlantic Region. Features contact details, membership, newsletter and events.
Meta Description: [ Canadian Condominium Institute(CCI)-Nova Scotia Chapter provides condo information and resources for the province of Nova Scotia ]
Canadian Residential Inspections - Offers home inspection services in offices throughout the Maritimes. Describes services and office locations.
Meta Description: [ Home Inspections, Home Inspectors in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland ]
Killam Properties Inc. - A publicly traded real estate company focused on multi-family residential properties in the Atlantic provinces. Features details on properties, tenant services and contact information.
Meta Description: [ Killam Properties Inc. is focused on owning high quality residential communities, complete with extensive amenities and services. We have locations in Halifax, Moncton, Saint John, Fredericton and St. John's. We are expanding throughout the Atlantic Provinces and new properties are being added fr... ]
Royal LePage Atlantic - An agent and realty locator for Nova Scotia and New Brunswick. Offers realtors by city and a property search.
Meta Description: [ find a home in Saint John ]
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