Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water immovable property of this nature; an interest vested in this also an item.
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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.
Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London.
agents work in the market of buying and selling real estate. Scottish civil law calls real property "heritable property", and in French-based law.
In countries with personal ownership of real property, civil law protects the status of real property in real-estate markets, where estate agents work.
It is common practice for an intermediary to provide real estate owners with dedicated sales and marketing support in exchange for commission.
"Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water immovable."
"Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools stock."
"Residences can be classified by and how they are connected to neighbouring residences and land. Different types of housing tenure."
A real estate transaction is the process whereby rights in a unit of property or designated real estate is transferred between two or more parties.
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In markets where land and building prices are rising, real estate is often purchased as an investment, whether or not the owner intends to use the property.