Real Estate is a type of property recognized in law real.
By the property of origin include land, subsoil, and all that is firmly connected with land, ie objects, move them without disproportionate damage to their appointment is not possible, including buildings, structures, objects of unfinished construction.
Aside from real estate by descent, in some countries there is a “property under the law.” It includes subject to state registration of aircraft and sea vessels, inland navigation, and space objects.
In the Anglo-Saxon legal system, property is divided into the «real-estate» – real estate as objects of the material world (buildings, land, etc.) and the “real-property” – property rights to real property.
Real estate can be leased. Mortgage, as well as a loan secured by real estate are called mortgages.
Property valuation is one of the most common types of assessment activities and includes the determination of the value of the object. It identifies several types of values, the most common in practice are: market, liquidation, replacement, substitution, etc. That is what real estate is.