Monday, November 5, 2007
Real Estate An Immovable Property
Real estate or immovable property is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. Real estate is often considered synonymous with real property (often called real property), in contrast with personal property.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.
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