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  • Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is stationary, or fixed in location. Reference: ''The American Heritage Dictionary of the English Language, Fourth Edition.'' Houghton Mifflin Company, 2004. [http://dictionary.reference.com/browse/en%3Areal%20estate Dictionary.com] Retrieved July 12, 2008.
  • 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; an item of real property; buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing." It is a legal term used in jurisdictions such as the United States, United Kingdom, Canada, Nigeria, Australia, and New Zealand.

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