In British usage, “real property”, often shortened to just “property”, generally refers to land and fixtures, while the term “real estate” is used mostly in the context of probate law, and means all interests in land held by a deceased person at death, excluding interests in money arising under a trust for sale of or charged on land.
Probate is the legal process of administering the estate of a deceased person by resolving all claims and distributing the deceased person's property under the valid will. A surrogate court decides the validity of a testator's will. A probate interprets the instructions of the deceased, decides the executor as the personal representative of the estate, and adjudicates the interests of heirs and other parties who may have claims against the estate.
Defining Real Estate
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 fixed in location. 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). Real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction. 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.
In British usage, “real property”, often shortened to just “property”, generally refers to land and fixtures, while the term “real estate” is used mostly in the context of probate law, and means all interests in land held by a deceased person at death, excluding interests in money arising under a trust for sale of or charged on land. The real estate business in Mexico and Central America is different from the way that it is conducted in the United States.
In recent years, many economists have recognized that the lack of effective real estate laws can be a significant barrier to investment in many developing countries. In most societies, rich or poor, a significant fraction of the total wealth is in the form of land and buildings.
In British usage, “real property”, often shortened to just “property”, generally refers to land and fixtures, while the term “real estate” is used mostly in the context of probate law, and means all interests in land held by a deceased person at death, excluding interests in money arising under a trust for sale of or charged on land. The real estate business in Mexico and Central America is different from the way that it is conducted in the United States.
In recent years, many economists have recognized that the lack of effective real estate laws can be a significant barrier to investment in many developing countries. In most societies, rich or poor, a significant fraction of the total wealth is in the form of land and buildings.
Your Friendly Real Estate Agent
Welcome to my new blog about real estate. I am your friendly real estate agent blogging about the real estate business, write tips and facts about this business, and will show you many of our properties or house and lot for sales.
I want this blog not just for selling (real estate) but for also to become useful or the information that you will find here will be useful and helpful. I thank blogger dot com for giving the very useful stuff like this blogging platform for free.
I will discuss many things about real estate on my coming posts. Thank you for visiting this blog. Don't forget I'm your friendly real estate agent. :-)
I want this blog not just for selling (real estate) but for also to become useful or the information that you will find here will be useful and helpful. I thank blogger dot com for giving the very useful stuff like this blogging platform for free.
I will discuss many things about real estate on my coming posts. Thank you for visiting this blog. Don't forget I'm your friendly real estate agent. :-)
Privacy Policy
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Contact Information
If users have any questions or suggestions regarding our privacy policy, please contact us at: e[dot]richest[dot]man[at]gmail[dot]com
Log Files
Like most standard Web site servers we use log files. This includes internet protocol (IP) addresses, browser type, internet service provider (ISP), referring/exit pages, platform type, date/time stamp, and number of clicks to analyze trends, administer the site, track user’s movement in the aggregate, and gather broad demographic information for aggregate use. IP addresses, etc. are not linked to personally identifiable information.
Cookies
A cookie is a piece of data stored on the user’s computer tied to information about the user. Our site don’t use cookies. However, Some of our business partners use cookies on our site (for example, advertisers). However, we have no access to or control over these cookies, once we have given permission for them to set cookies for advertising. If you wish to disable cookies, you may do so through your individual browser options.
Links
This Web site contains links to other sites. Please be aware that we are not responsible for the privacy practices of such other sites. We encourage our users to be aware when they leave our site and to read the privacy statements of each and every Web site that collects personally identifiable information. This privacy statement applies solely to information collected by this Web site.
Advertisers
We use outside ad companies to display ads on this site. These ads may contain cookies and/or web beacons to collect data in the ad serving process and are collected by our ad companies, and we do not have access to this information. We work with the ad companies: Google Adsense. Google, as a third party vendor, uses cookies to serve ads on this site. Google's use of the DART cookie enables it to serve ads to our users based on their visit to this site and other sites on the Internet. Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy. Please check their websites for respective privacy policies.
Contact Information
If users have any questions or suggestions regarding our privacy policy, please contact us at: e[dot]richest[dot]man[at]gmail[dot]com
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