By Realty MX |
Published on December 1,2013 at 3:39PM
second blog post
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings, or housing. The oldest document using a term recognizable as real estate in historical records is dated 1605. This use of real also reflects the ancient feudal customs in relation to land and the ownership (and owners) thereof, introduced into England over 500 years earlier, by William the Conqueror in 1066.