2007-09-12 05:47:20 · 7 answers · asked by Anonymous in Education & Reference ➔ Words & Wordplay
Something tangible. Property. A person can have an "Estate" that includes intellectual property like patents or copyrights but no "Real" property. Real Estate is used to indicate that the property in question is actually tangible and not intellectual property.
2007-09-12 06:04:12 · answer #1 · answered by Hugh B 2 · 1⤊ 1⤋
"Real estate" or "real property" refers to property that is "immovable" or "fixed" -- houses and land, that you can't pick up and take away with you!
This is in contrast to "personal property" (the distinction is made in the 1666 reference already mentioned) -- which IS movable
Note that it can't quite mean "tangible", since much PERSONAL property (your furniture, your car!) is quite tangible.
Also, the term was not created in contrast to "intellectual property", since the latter is a very recent concept.
2007-09-12 16:50:01 · answer #2 · answered by bruhaha 7 · 0⤊ 0⤋
Real estate is first recorded 1666 and retains the oldest Eng. sense of the word, i.e. existing, actual property.
2007-09-12 05:57:39 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Perhaps the legal ownership in the estate(property).
2007-09-12 06:33:45 · answer #4 · answered by peace seeker 4 · 0⤊ 0⤋
In this case, real refers to "property."
2007-09-12 05:51:07 · answer #5 · answered by tracymoo 6 · 0⤊ 0⤋
exactly what you'd think - that the subject of the transaction is real, actually exists!As opposed to trading in stocks or bonds etc.
2007-09-12 05:52:04 · answer #6 · answered by Avondrow 7 · 1⤊ 1⤋
It's tangible
2007-09-12 06:08:01 · answer #7 · answered by Anonymous · 0⤊ 0⤋