Real estate


 

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Real Estate

(1) Land and anything permanently affixed to the land. such as buildings, fences, and those things attached to the buildings, such as light fixtures, plumbing and heating fixtures, or other such items which would be personal property it not attached. The term is generally synonymous with real property, although in some states a fine distinction may be made. (2) May refer to rights in real property as well as the property itself.

Real estate

Property comprising land and buildings etc as opposed to personal property. Also known as real property.

Real estate

A piece of land and whatever physical property is on it.



Real estate

Similar Matches

Intestate

Intestate

The situation which exists when a person dies without making a will. The person is then said to have died intestate.


Real Estate Settlement Procedures Act (RESPA)

Real Estate Settlement Procedures Act (RESPA)

A federal statute requiring disclosure of certain costs in the sale of residential, improved property which is to be financed by a federally insured lender.


Estate

Estate

The total value of a deceased person's assets.For example:Total value of property, automobile and all other possessions = £500,000Allowable deductions such as mortgage, overdraft at bank, credit cards and other expenses = £70,000Total net value of estate = £430,000


Real estate broker

Real estate broker

One who arranges the sale and purchase of property in return for a commission. Known as an estate agent in the UK.


Residuary estate

Residuary estate

The remainder of an estate after the payment of debts, expenses and taxes and the distribution of legacies. Also known as residue of estate in the UK.


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estate tax


 
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