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An Overview of Real Estate

Real estate is property that consists of land, buildings, and natural resources, such as water, minerals, and crops. This is a form of immovable property, and property ownership means an interest in real estate. There are many types of real estate, including commercial and residential properties, farms, and ranches. In general, real estate is the land and improvements on it. This could include a building, a roadway, or a septic system. Property that has been improved is called improved land. Property that has not been improved is called unimproved. This article will give you an overview of the basics of real estate. There are many types of real estate, including residential, commercial, and industrial. Residential real estate is used primarily for private residential purposes. Examples of residential real estate are single family homes, apartment buildings, and condominiums. Commercial real estate includes warehouses, gas stations, and shopping centers. Industrial real estate is used for manufacturing or production. Real estate is land, including buildings and structures that are permanently attached to it. The value of real estate is directly related to its use. In some cases, real estate includes structures that are not attached to land, such as an office building or an apartment complex.

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