Real property
Real property is a type of property that includes land, houses, buildings and infrastructure in land. It is one of two types of property that one can own, and the other is personal property.[1][2]
Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes.[3]
Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools rolling stock of a farm and other valuable items.
Non-residential real estate can be classified according to use, such as:
- Commercial (used for business activities)
- !ndustrial (used for manufacturing or storage purposes)
- Agricultural, encompassing land used for farming or livestock
Real estate can also be used for buying and selling land and buildings to try to make a profit.
Real Property Media
An illustration of two units in a back-to-back housing development
Principal meridians and Baselines governing the United States Public Land Survey System
Office of the Kiinteistömaailma real estate agency in Oulu, Finland
References
- ↑ "Real estate": Oxford English Dictionary online: Retrieved September 18, 2011
- ↑ What is Real Estate?
- ↑ Title 16. Conservation; Chapter 1. National Parks, Military Parks, Monuments, and Seashores; Minute Man National Historical ParkUS Legal.
