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Real Estate Law
Real estate is a
legal
term (in some jurisdictions, notably in the
USA,
United Kingdom,
Canada,
and
Australia)
that encompasses land along with anything
permanently affixed to the land, such as
buildings,
specifically property that is stationary, or fixed
in location. Real estate
law is the body of regulations and legal codes which
pertain to such matters under a particular
jurisdiction.
Real estate is often considered synonymous with
real property
(also sometimes called realty), in contrast with
personal property
(also sometimes called chattel or personalty under
chattel law or personal property law).
However, in some situations
the term "real estate" refers to the land and
fixtures
together, as distinguished from "real property,"
referring to ownership rights of the land itself.[clarify]
The terms real estate and
real property are used primarily in
common law,
while
civil law
jurisdictions
refer instead to
immovable property.
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