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

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.


Real estate broker

Real estate broker

An intermediary who receives a commission for arranging and facilitating the sale of a property for a buyer or a seller.


Real estate appraisal

Real estate appraisal

An estimate of the value of property using various methods.


Real Estate Mortgage Investment Conduit (REMIC)

Real Estate Mortgage Investment Conduit (REMIC)

A pass-through tax entity that can hold mortgages secured by any type of real property and can issue multiple classes of ownership interests to investors in the form of pass-through certificates, bonds, or other legal forms. A financing vehicle created under the Tax Reform Act of 1986.


Finite Life Real Estate Investment Trust (FREIT)

Finite Life Real Estate Investment Trust (FREIT)

A Real Estate Investment Trust whose priority is to sell its holdings within a specified period to realize capital gains.


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