In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. 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. 2020 REALTOR® Good Neighbor Greg Masucci opened a farm program four years ago that employs intellectually and developmentally disabled teens and young adults as growers.
- Lenders play a major role in the industry as virtually all properties and developments use leverage to finance their business.
- REALTOR® PartyA powerful alliance working to protect and promote homeownership and property investment.
- 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.