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From Wikipedia: Real estate is a legal term (in some jurisdictions, such as the USA, United Kingdom, Canada, Australia and The Bahamas) that encompasses land along with improvements to the land, such as buildings,fences, wells and other site improvements that are fixed in location -- immovable. Real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction and include things such as commercial and residential real property transactions. Real estate is often considered synonymous with real property (sometimes called realty), in contrast with personal property (sometimes called chattel or personalty under chattel law or personal property law).However, in some situations the term "real estate" refers to the land and fixtures together, as distinguished from "real property," referring to ownership of land and appurtenances, including anything of a permanent nature such as structures, trees, minerals, and the interest, benefits, and inherent rights thereof. Real property is typically considered to be Immovable property The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property.In law, the word real means relating to a thing (res/rei, thing, from O.Fr. reel, from L.L. realis "actual," from Latin. res, "matter, thing" This use of "real" also reflects the ancient and feudal preference for land, and the ownership (and owners) thereof. See more...
From The Free On-line Dictionary of Computing (27 SEP 03): Real \Re"al\ (r[=e]"al), a. [LL. realis, fr. L. res, rei, a thing: cf. F. r['e]el. Cf. Rebus.] 1. Actually being or existing; not fictitious or imaginary; as, a description of real life. [1913 Webster] Whereat I waked, and found Before mine eyes all real, as the dream Had lively shadowed. --Milton. [1913 Webster] 2. True; genuine; not artificial, counterfeit, or factitious; often opposed to ostensible; as, ... See more description
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