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I wonder how these two words came together to describe house or land

2007-07-21 21:04:42 · 7 answers · asked by vsatsanga 2 in Business & Finance Renting & Real Estate

7 answers

Because it's real,you can see and touch.

2007-07-21 21:54:33 · answer #1 · answered by reality 6 · 0 0

Real Estate regards property. It is genuine property of an estate of the owner. A misnomer is one who sells such property, known as a Realtor. Most think they are called Realators; but they are not. A person that indulges in the buying or selling of property is a Realtor; not a Realator.

The words came together because it describes that both land and property conveys to a buyer. A real buyer and the estate being sold that they are buying. Therefore the term, real estate.

2007-07-22 04:14:10 · answer #2 · answered by Boomer 5 · 0 2

Because it's something tangible, as opposed to other kinds of estate (or things that you own) - such as shares, goodwill of businesses, or consumable items that depreciate. It's a real item of value that stays valuable over time and has inherent worth (it may vary, but still some worth) irrespective of the state of the economy, government, etc. When you get right down to it, over the long term, land is the only thing that endures - everything else is consumed or depreciated.

2007-07-22 04:11:11 · answer #3 · answered by ozperp 4 · 1 0

Personal property is a type of property. In the common law systems personal property may also be called chattels. It is distinguished from real property, or real estate. In the civil law systems personal property is often called movable property or movables - any property that can be moved from one location to another. This term is in distinction with immovable property or immovables, such as land and buildings

2007-07-22 04:09:23 · answer #4 · answered by Anonymous · 0 1

I'm sorry I have no idea why REAL in the word real estate!!!

2007-07-22 04:08:42 · answer #5 · answered by Anonymous · 0 2

i suppose it is real because it is something that has an appreciating value unlike a car, and of all it is a tangible asset.

2007-07-22 04:10:09 · answer #6 · answered by Anonymous · 0 1

real property instead of intellectual, ie a patten or copyright.

2007-07-22 04:07:30 · answer #7 · answered by karen i 5 · 0 0

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