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

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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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Real estate broker credits live chat box on site with adding $12 million in sales http://j.mp/4ENsTH
IndicThreadsBiz (IndicThreads Biz) Thu, 07 Jan 2010 05:59:19 -0000
Real estate broker credits live chat box on site with adding $12 million in sales http://j.mp/4ENsTH
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flatfeemlsmich (Denise Moody) Thu, 07 Jan 2010 05:59:13 -0000
www.gmr123.com Greater Michigan Realty, LLC Real Estate Listings in Michigan ...: Listing Search Results. Home | N... http://bit.ly/5RitAE
2 more weeks until the real estate test
AndyThirion (Andy Thirion) Thu, 07 Jan 2010 05:58:33 -0000
2 more weeks until the real estate test
omg!! watching with jaw on FLOOR http://www.freedomsoftiscoming.com. if youre in real estate, watch this. re-tweet to get the free laptop.
REIwithCarrie (Carrie Dawson) Thu, 07 Jan 2010 05:58:30 -0000
omg!! watching with jaw on FLOOR http://www.freedomsoftiscoming.com. if youre in real estate, watch this. re-tweet to get the free laptop.
NEW PRICE! 6298 SW Grand Oaks Drive #G-204, Corvallis, Oregon …: Dava Behrens is a Licensed Real Estate B.. http://bit.ly/795JLN
oregonre (Oregon RealEstate) Thu, 07 Jan 2010 05:58:12 -0000
NEW PRICE! 6298 SW Grand Oaks Drive #G-204, Corvallis, Oregon …: Dava Behrens is a Licensed Real Estate B.. http://bit.ly/795JLN
...or that there are options and often their real estate agent and or mortgage consultant doesn’t know either. ~ I may be able to help.
KarlaStevens (Karla Stevens) Thu, 07 Jan 2010 05:57:55 -0000
...or that there are options and often their real estate agent and or mortgage consultant doesn’t know either. ~ I may be able to help.

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