subset of land that has been legally defined and the improvements to it made by human efforts
Real property is a type of property that includes land and buildings and infrastructure in land. It is one of two types of property that one can own, and the other is personal property.
Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes.
Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm.
- ↑ "Real estate": Oxford English Dictionary online: Retrieved September 18, 2011
- ↑ "Title 16. Conservation; Chapter 1. National Parks, Military Parks, Monuments, and Seashores; Minute Man National Historical Park". US Legal.