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Facts - Books - News    U.S. Facts Of Law:

Real Estate Law

Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. Real estate is often considered synonymous with real property (also sometimes called realty), in contrast with personal property, chattel, or personality. However, for technical purposes, some people prefer to distinguish real estate, referring to the land and fixtures themselves, from real property, referring to ownership rights over real estate. The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property. (see Legal Kits)

In spite of the name, real estate has no connection with the concept of reality (in other words, the law does not consider real property more "real" than personal property). It derives instead from the feudal principle that in a monarchy, all land was considered the property of the king. Thus originally the term real estate was equivalent to "royal estate", real originating from the French royale, as it was the French-speaking Normans who introduced feudalism to England and thus to the English language; cognate to Spanish real.

With the development of private property ownership, real estate has become a major area of business. Purchasing real estate requires a significant investment, and each parcel of land has unique characteristics, so the real estate industry has evolved into several distinct fields. Specialists are often called on to valuate real estate and facilitate transactions. Some kinds of real estate businesses include:

* Appraisal - Professional valuation services
* Brokerages - Assisting buyers and sellers in transactions
* Development - Improving land for use by adding or replacing buildings
* Property management - Managing a property for its owner(s)
* Relocation services - Relocating people or business to different country

Within each field, a business may specialize in a particular type of real estate, such as residential, commercial, or industrial property. In addition, almost all construction business effectively has a connection to real estate.

Real Estate Best Sellers from Amazon.com

Multi-Family Millions: How Anyone Can Reposition Apartments for Big Profits
by David Lindahl
Amazon Price: $18.45
Customer Review: This is another great book by a real estate investor who practices what he preaches. This book is easy to read and very informative. Repositioning apartment complexes is a sure way to retirement. This book explains the concepts and principles to bec...

The "Highest and Best" Real Estate Investment!
by Michael P. Watson, Jennifer Hawkins
Amazon Price:
Customer Review: Mike and Jen's book contains a system that shows how to do real estate investing deals from the start to the finish of the deal. Mike's techniques on finding, evaluating, and profiting on properties are groundbreaking.

I found this book...

Be a Real Estate Millionaire: Secret Strategies To Lifetime Wealth Today
by Dean Graziosi
Amazon Price: $16.47
Customer Review: I saw a TV ad on this book and ordered it along with all the other items that I let them talk me into because it was a "special deal" since I was new.
As a real estate agent, I am looking for new ideas on a regular basis with plans to start f...

Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Find...
by Ken McElroy
Amazon Price: $11.53
Customer Review: Very simple to read and understand. Practical sound writen plans for real estate investing. Do recomend this book for any one interested in learning the real life basic's in begining real estate investing as a business small to large. Realistic readi...

The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distres...
by Thomas Lucier
Amazon Price: $16.47
Customer Review: The information included in this book has made my job much easier and has expanded my knowledge base and expertise. The organization I have derived from it is most valuable.


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Real Estate News

Thomas Flatley, Hub Real Estate Icon, Dies At 76 Boston Globe
Thomas J. Flatley, a frugal immigrant who arrived from Ireland with 32 in his pocket and built a commercial real estate empire in Greater Boston and beyond that was estimated at 1.3 billion, died early yesterday morning.

Real Estate Bonuses May Get Scrutiny The Charlotte Observer
N.C. regulators, reversing course, have called a special meeting later this month to address a proposed rule that would ensure homebuyers are aware of their real estate agents financial interests in selling a home. The nine member N.C. Real Estate Commission had voted Wednesday to table the proposal, which required real estate agents to provide written disclosure of bonuses and other extra

Sorouh Real Estate PJSC Acquires Strategic Shareholding In LLJ Property LLC A...
Sorouh Real Estate PJSC, one of Abu Dhabis leading real estate developers, today announced the acquisition of a strategic shareholding in LLJ Property LLC, the major Abu Dhabi based real estate agency.

REAL ESTATE NOTES Richmond TimesDispatch
NEW FACES Nicole Politi has joined Elite Real Estate as a sales associate. Long Foster reports the following new agents: Susan Withrow with Virginia Properties. Amanda Thomas with the Tuckahoe office. Erin Barton with the Village of Midlothian office. Linda Greenlaw and Kathryn LeBey with the Grove Avenue office.

Commercial Real Estate To Retain Favorable Position In Down Market Commercial...
More pain is in store for the U.S. economy in the coming months, but the commercial real estate market is generally expected to endure less of it, according to economists speaking at the National Association of Real Estate Editors 42nd annual real estate journalism conference in Dallas this morning.

IMPORTANT NOTICE: The information provided by FactsOfLaw.com does not constitute legal advice or any other type of advice and is provided for educational purposes only without warranty of any kind. FactsOfLaw.com has not reviewed the information on this page for accuracy and is not responsible for any errors, omissions or inaccuracies.  For legal advice you should consult a licensed attorney. Source: wikipedia.org

 

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