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real estate
(redirected from Land parcel)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Real estate
A piece of land and whatever physical property is on it.

Real Estate
Land and the improvements on it. Real estate is one of the primary (and indeed one of the only) assets whose value does not depreciate over time. Depending on the particular title, ownership of real estate may include mineral rights to any geophysical aspects occurring thereon. Ownership of real estate does not automatically include the right to develop it, depending on local regulations. However, development of real estate (for example by building a house on it) usually increases the value. While supply of real estate does not vary, demand may change greatly depending on its particular features, number of people in the area, and cultural differences regarding land ownership. It is an attractive form of collateral because it cannot be stolen or destroyed. See also: Plot, zoning law.

real estate
The land, buildings, and improvements thereto. Also called real property.

real estate
Land and everything above and below the soil.


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The principals of Hattco now own one of the largest contiguous land parcels available on Connecticut Avenue.
Certain land parcel boundaries have changed on new maps being issued by the RPA.
According to the Multiple Listing Service, there are many land parcels and homes worth well over $1 million for sale.
 
 
 
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