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What does Real mean as in Real Estate?

Answer:

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.

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First answer by ID3290038262. Last edit by ID1213193938. Question popularity: 3 [recommend question].

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