Real Estate

An Overview of Land Banking

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Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water. In terms of law, real is in relation to land property and is different from personal property while estate means the interest a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm.

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