beginner: Why is it called real estate, and not just “estate”? Isn’t it a given that it is real?
Answers and Views:
Answer by krazykarlgirl
good question. maybe they should just call it property so they stop getting so many phone calls from people asking that question.
The term “real estate” has a very specific meaning in Law. Real estate relates to immovable property such as land or buildings.Answer by Mike Smith
Real estate is a legal term (in some jurisdictions, such as the United Kingdom, Canada, Australia, USA and The Bahamas) that encompasses land along with improvements to the land, such as buildings, fences, wells and other site improvements that are fixed in location—immovable.[1] Real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction and include things such as commercial and residential real property transactions. Real estate is often considered synonymous with real property (sometimes called realty), in contrast with personal property (sometimes called chattel or personalty under chattel law or personal property law).
for more go to wikipedia:
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