Difference between revisions of "Real estate"

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(Spelling/Grammar Check & Cleanup)
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'''Real estate''', also known as "[[real property]]," consists of land and fixtures on land, such as houses.
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'''Real estate''', also known as "[[real property]]", is a term which generally denotes:
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*land,
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In 2007 and 2008, some commentators began to say that the "[[housing bubble]]" was collapsing,<ref>[http://www.iht.com/articles/2008/04/13/business/housing.php U.S. housing collapse spreads overseas]</ref> a reference to the slight lowering of prices which resulted when demand for new houses and apartments dropped off.
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*structures on the land which cannot easily be relocated (a house generally would be considered real estate, while a travel trailer -- even if used as a residence -- would not), and
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*attachments to the structure which cannot easily be removed without major damage or making the structure useless (a central HVAC unit would be considered part of real estate, while a window air conditioner or space heater would not).
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==See also==
 
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* [[For sale by owner]] or [[FSBO]]
 
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* [[Abstract of title]]
 
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* [[Real property]]
 
  
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Real estate generally is subject to [[property tax]], and although it is possible to sell real estate [[FSBO|without using a real estate agent]], the majority of real estate transactions are handled via real estate agents/
  
 
==References==
 
==References==
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[[Category:Economic Preparedness]]
 
[[Category:Economic Preparedness]]
 
[[Category:Investments]]
 
[[Category:Investments]]
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[[Category:Real Estate]]
 
[[Category:Real Estate]]
 
[[Category:Legal Terms]]
 
[[Category:Legal Terms]]
 
[[Category:Economics]]
 
[[Category:Economics]]
 
[[Category:Survivalism]]
 
[[Category:Survivalism]]

Revision as of 02:14, February 17, 2019

Real estate, also known as "real property", is a term which generally denotes:

  • land,
  • structures on the land which cannot easily be relocated (a house generally would be considered real estate, while a travel trailer -- even if used as a residence -- would not), and
  • attachments to the structure which cannot easily be removed without major damage or making the structure useless (a central HVAC unit would be considered part of real estate, while a window air conditioner or space heater would not).

Real estate generally is subject to property tax, and although it is possible to sell real estate without using a real estate agent, the majority of real estate transactions are handled via real estate agents/

References