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A person's real property and personal propertymakes up what we call their estate.
Minerals in the ground are treated as real property, but, after removed from the land, they become personal property
realty; real property; land; fee simple estate
Other words that can describe real estate are: land, real property, realty.
If you are going to start business as a real estate agent or real estate investment company then it's mandatory to have a license. If you are planning to make personal private investments in real property you do not need to be licensed as an agent. The agent license is simply for those who want to run a business promoting other people's properties for a fee. If you are going to buy the property and rent it or resell it there is no license required. You can also use other strategies with investing that do not require a license and that do not require purchase of property.
A person's real property and personal propertymakes up what we call their estate.
All the property, real and personal, that a person owned at the time of their death will become part of their estate.
Personal, real is limited to real estate only
"Property lawyers deal with personal property, whereas real estate lawyers deal with real estate."
No, land is Real Property.
A persons estate is all the property they own both real and personal property.
Property tax
Real Estate and Real Property are one in the same. All "REAL" is Land & fixtures attached to the land. All other property would be considered...Personal.
Generally, mortgages are for real estate. Liens or secured loans are used for personal property.
Real, like all real estate.
If you are in the US; the county property tax rolls will have it listed as either real estate or personal property. Another guideline is that if it is on a permanent foundation it is considered real estate.
Real estate is land; - the mobile home park in which mobile homes are parked would be real estate, but the mobile homes themselves are not real estate, they are the equivalent of large cars that you can live in. A car is personal property rather than real property, and so is a mobile home.