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The word 'Real' in real estate stems from the Spanish word meaning Royal as in 'Real Madrid' and pertains to the historic era in which immovable property was only owned by Royalty. Over the centuries property has become available for purchase by anyone but retains the former root word as identification.
Wiki User
∙ 12y ago
Wiki User
∙ 6y agoThe term real estate is first recorded in England in the 1600s. In this sense real was/is used in law to distinguish immovable property (land and buildings) from personal property.
Real is found as early as the 4th century in Old French reel- real or actual, and in Late Latin realis, actual.
https://thebettereditor.wordpress.com/2015/06/30/real-estate-and-realtor-word-origins/
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boe
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What does BOE mean in real estate?
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What does pending in real estate mean?
What does option pending mean?
What does real estate lease type RSF mean?
In real estate, RSF means rentable square feet.
What does real estate taxes mean?
The term "real estate taxes" means the taxes on the property that you own. Your real estate is the property itself. This tax is generally payed annually to your county.
What does option pending mean in real estate?
What does option pending mean?
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What does ERA mean to a real estate broker?
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What does static real estate market mean?
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