Does owning an apartment unit technically count as “real estate?”?

Red Fox Ace: Does owning an apartment unit technically count as “real estate?”?
If you own a unit in an apartment building, does that technically count as possessing “real estate?”

Or does real estate only refer to houses, farms, and bigger things that exist on plots of land?
The apartment unit is purchased – i.e., owned, just like buying a house.

It is not being rented.

Answers and Views:

Answer by tanner
Do you have a deed and title to the unit? Or do you just have a signed lease agreement?

Do you pay rent to a company or are you paying a mortgage?

An apartment tells me that all of the units are for rental only and not for ownership. While if you said condominium, those would be for ownership.

Based on your edits, then yes, you do posess real estate. However, it is not fee simple. You may have a type of condo ownership since you do not own the shared spaces.

Answer by Freddy Fuhktarred
if you own it, it’s real estate.

Answer by wizjp
Is there A “deed” in your name?

If so, in the US, you own real estate.