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Getting To Know Real Estate Terms On hearing the term real estate some questions start crossing your mind. Many people try to comprehend the concept of real estate in their way. As per the books a real estate is land and buildings on it. Physical and natural structures and feature such as crops, minerals, and others also are entailed in what makes a real estate. Real properties and other objects of immovable nature such as buildings and others make the real estates. While still in the mention of real estate different people have different purposes for real estates, this includes buying and selling of real estates other use it for settlement. Real estate can also be taken as legal jurisdiction from the common law in a certain region of the world. All the attempts trying to get a clear picture of what real estate is. Lets now branch directly into residential real estate. A single family or multi-family may be bounded by job can be called the residences of a real estate. At various cases residents of a real estate may not have ties whether blood or job ties In a real estate different housing tenure types can be used for the same physical type. This may be due to reasons like; the residents might be owned by one person who made them and then leased them out. Another reason for this differences in tenure might be due to a residence being owned in a partnership that is governed by a set of rules. Based on different features and tastes of owners residential real estates might be classified into different categories. One category is multi-unit structures or attached dwellings. There are categories like apartments. An an apartment is a single unit in a multi-unit building. The boundaries of apartments are some locked or lockable perimeter doors. Another a sub-category is a multi-family house. In these cases different apartments are on each different floor such that each floor in a story house is an apartment. Also terraced houses fall into this category.Terraced houses also make part of the attached structures dwelling category. Single buildings sharing a common wall can be classified as a terraced building. Condominiums also are members of this classification class. Buildings and complexes in multi-unit that are owned by individuals are known s condominiums. In such buildings common areas and grounds are shared and owned jointly. In some places the condominium equivalents is a block of flats. Cooperatives also fall into this category of multi-unit dwellings. The the second category under residential real estates is the semi-attached dwellings. Boathouses make the top of the semi-attached list. A the houseboat is a house floating on water. Tents are also in this category, a tent a house made of a non-trustable fabric both on top and sides since it is temporary. Another example in this category is the duplex, these are two units with one shared wall.

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