real estate


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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.
References in classic literature ?
Payne's new at real estate, an' I'll make 'm split his commission an' get the easiest terms ever.
Real estate is well up, and I could afford you a pretty handsome price.
They called it railroading, high finance, banking, wholesaling, real estate, and such things, but the point was that they got it, while she got what was left,--twenty-two cents.
wrote to their lawyer in New Orleans, who attached the real estate (these two articles and a lot of plantation hands formed the most valuable part of it), and wrote word to that effect to New York.
He was an old bachelor, and possessed of great wealth, in addition to the house and real estate which constituted what remained of the ancient Pyncheon property.
Railroads, he explained gravely, interested him as little as lumber, real estate, or mining.
And then he sighed in such a sorrowful way that I was resolved he should have at least one layer of his real estate removed, if it sized up my whole influence and bankrupted the pile.
We chose to have three bathtubs, and large ones--tubs suited to the dignity of aristocrats who had real estate, and brought it with them.
Ignorant and inexperienced, it is not strange that in the first years of our new life we began at the top instead of at the bottom; that a seat in Congress or the state legislature was more sought than real estate or industrial skill; that the political convention or stump speaking had more attractions than starting a dairy farm or truck garden.
In dirty upper casements, here and there, hazy little patches of candlelight reveal where some wise draughtsman and conveyancer yet toils for the entanglement of real estate in meshes of sheep-skin, in the average ratio of about a dozen of sheep to an acre of land.
In 1819, the property of the Abbe de Sponde increased Madame du Bousquier's income from real estate to twenty-five thousand francs without counting Prebaudet or the house in the Val-Noble.
The Rockefellers went into mines--iron and coal and copper and lead; into other industrial companies; into street railways, into national, state, and municipal bonds; into steamships and steamboats and telegraphy; into real estate, into skyscrapers and residences and hotels and business blocks; into life insurance, into banking.

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