Real Estate

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, or personalty. 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.
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 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

• Accounting - Accountancy (British English) or accounting (American English) is the process of maintaining, auditing, and processing financial information for business purposes.
• Advertise - Generally speaking, advertising is the paid promotion of goods, services, companies and ideas by an identified sponsor. Marketers see advertising as part of an overall promotional strategy.
• Banking - The essential function of a bank is to provide services related to the storing of value and the extending of credit.
• Capitalism - Capitalism generally refers to a combination of economic practices that became institutionalized in Europe between the 16th and 19th centuries.
• Economics - Economics is the social science studying production and consumption through measureable variables.
• Electronic Commerce - Electronic commerce or e-commerce consists of the buying, selling, marketing, and servicing of products or services over computer networks.
• Entrepreneurship - Many "high-profile" entrepreneurial ventures seek venture capital or angel funding in order to raise capital to build the business.
• Finance - Finance addresses the ways in which individuals, business entities and other organizations allocate and use monetary resources over time.
• Insurance - Insurance is the business of providing protection against financial aspects of risk, such as those to property, life, health and legal liability.
• Investment - Investment is a term with several closely related meanings in finance and economics.
• Real Estate - Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings.
• Small Businesses - A small business may be defined as a business with a small number of employees. The legal definition of "small" often varies by country and industry, but is generally under 100 employees.