Real Estate Terms & Definition

This Demo application is a necessary tools for every Real Estate Professional, student or researcher.

The premium version of this free app contains over 1000 definitions of terms related to Real Estate. it is a complete encyclopedia of Real Estate terms.

If your are a lawyer, attorney, broker, investor , researcher or a student, this app will assist you in getting the definition of legal, financial, topographical terms related to real estate.

The domain of real Estate still needs a lot of professionals, and you can make a lot of money and career success through this specialization field. So start today studying and learning Real Estate.

Get this encyclopedia now on your android phone or android tablet and start learning Real estate.

Also if you are a simple user and want to buy a home, apartment, villa, Flat, studio, country house, or any piece of land or building this app will help you understanding the process of making a real estate deal.

If you are a student and want to get certified in Real Estate this app is a must for your success, also we added some tips and tricks regarding real estate quiz and how to study and memorize efficiently.

Don't loose your time searching on Facebook, twitter or Whatsapp here's all what you want just invest your time in learning.

DEFINITION of 'Real Estate'

Property comprised of land and the buildings on it as well as the natural resources of the land including uncultivated flora and fauna, farmed crops and livestock, water and minerals. Although media often refers to the "real estate market" from the perspective of residential living, real estate can be grouped into three broad categories based on its use: residential, commercial and industrial. Examples of residential real estate include undeveloped land, houses, condominiums and townhomes; examples of commercial real estate are office buildings, warehouses and retail store buildings; and examples of industrial real estate are factories, mines and farm

Also 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.

Residential real estate

Major categories in North America and Europe

• Attached / multi-unit dwellings

o Apartment – An individual unit in a multi-unit building. The boundaries of the apartment are generally defined by a perimeter of locked or lockable doors. Often seen in multi-story apartment buildings.

o Multi-family house – Often seen in multi-story detached buildings, where each floor is a separate apartment or unit.

o Terraced house (a. k. a. townhouse or rowhouse) – A number of single or multi-unit buildings in a continuous row with shared walls and no intervening space.

o Condominium – Building or complex, similar to apartments, owned by individuals. Common grounds and common areas within the complex are owned and shared jointly. There are townhouse or rowhouse style condominiums as well.

o Cooperative (a. k. a. co-op) – A type of multiple ownership in which the residents of a multi-unit housing complex own shares in the cooperative corporation that owns the property, giving each resident the right to occupy a specific apartment or unit.

• Semi-detached dwellings (in UK, a "semi" is by definition two units with a party wall).

o Duplex – Two units with one shared wall. (in UK, a duplex is an apartment on more than one storey)

• Single-family detached home

• Portable dwellings

o Mobile homes – Potentially a full-time residence which can be (might not in practice be) movable on wheels.

o Houseboats – A floating home

o Tents – Usually very temporary, with roof and walls consisting only of fabric-like material.