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What Is The Difference Between Real Estate And Real Property
 
These two terms are often referred to as people as the same. Though they may sound very similar, Real Estate and Real Property are undoubtedly different from one another. Knowing and understanding the difference between the two concepts can genuinely help you comprehend the subtleties of the land you currently own. Not only that, while the term real estate often refers to as land, it goes a little deeper than that. Within this article, we will be defining the difference between Real Estate to Real Property.
 
Real Estate
 
Basically, real estate is a piece of land decorated with natural or artificial improvements added to it. Natural improvements within the real estate include trees, water, oil, and valuable mineral deposits. Artificial enhancements, on the other hand, include buildings standing on it, sidewalks, and fences or gates. Furthermore, real estate can be categorized into two: commercial and residential.
 
Commercial Real Estate 
This category of real estate tackles along the business side. The land branded as a commercial real estate should be used for property types such as buildings, malls, restaurants, and other commercial properties. This type of real estate can either be owner-occupied or leased. Industrial real estate is also within commercial real estate. This is where ... more

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