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Real estate (view source)

Revision as of 02:14, February 17, 2019

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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==

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[[Category:Economic Preparedness]]

[[Category:Investments]]

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[[Category:Real Estate]]

[[Category:Legal Terms]]

[[Category:Economics]]

[[Category:Survivalism]]

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