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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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RT @nytimesbits: Zillow.com tops Realtor.com in battle for real estate eyeballs http://bit.ly/7X5f79
spencerrascoff (Spencer Rascoff) Fri, 18 Dec 2009 18:18:11 -0000
RT @nytimesbits: Zillow.com tops Realtor.com in battle for real estate eyeballs http://bit.ly/7X5f79
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sharpequity (Kyle Brown) Fri, 18 Dec 2009 18:18:08 -0000
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Why real estate buyers and sellers do what they do... http://bit.ly/qvSeJ #realestate #investing #investment #renters
InvestingEBooks (REITactics) Fri, 18 Dec 2009 18:17:59 -0000
Why real estate buyers and sellers do what they do... http://bit.ly/qvSeJ #realestate #investing #investment #renters
REAL ESTATE BUBBLE: In one minute you'll be a tycoon. Or not. It's all about skills. More than a simple fun ga.. http://bit.ly/527Jk2
migames (Mi Games) Fri, 18 Dec 2009 18:17:58 -0000
REAL ESTATE BUBBLE: In one minute you'll be a tycoon. Or not. It's all about skills. More than a simple fun ga.. http://bit.ly/527Jk2
@hlsimonsen sorta but it's a tiny bit of real estate. awkward. poor UX for me at least #chromeformac
joshtpm (Josh Marshall) Fri, 18 Dec 2009 18:17:42 -0000
@hlsimonsen sorta but it's a tiny bit of real estate. awkward. poor UX for me at least #chromeformac
Fire damages store in Chicago shopping mall, no injuries: The North Bridge mall is owned by the real estate inv.. http://bit.ly/82asOR
JennaSAllen (Jenna) Fri, 18 Dec 2009 18:17:06 -0000
Fire damages store in Chicago shopping mall, no injuries: The North Bridge mall is owned by the real estate inv.. http://bit.ly/82asOR

 
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Meta Description: [ Coldwell Banker Roth Wehrly Graber, Northeast Indiana's Top Online Property Search Site, offers complete real estate services for people looking to buy a new home in Fort Wayne, Allen County, Auburn, Angola, Columbia City, Huntington and more. ]

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Meta Description: [ Kings is one of Indiana's largest title companies, with Statewide Services and 10 offices located throughout Central Indiana. ]

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