Ownership | Real Estate
It has r
eally created a buzz across the world with a major development in ownership of property especially in the real estate market, which is considered as a major business creator. While real estate begins by a major investment of purchase with each part of the land having uniqueness which has made the real estate market getting into various fields. It is also known that various specialists prevail in the market for real estate valuation and to have a smooth transaction. Real estate means acquisition of land with various improvements to it like raising buildings, fences around the land, wells and various improvements that are immovable in the location. Real estate is otherwise also considered identical with the real property in variation with the individual property but at some position the same terminology also means both the land and equipments as differentiated from the word real property which means owning a land and its accessories which includes various things like trees, structures and the monetary benefit and the rights thereon. Both the terms real estate as well as real property are used basically in the common law wherein the Real property is normally taken as immovable property while the jurisdictions of civil law refer to real estate instead of real property.
Source: http://www.rqgqt.com/2012/02/ownership/
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