What is "real estate"

Real \Re"al\ (r[=e]"al), a. [LL. realis, fr. L. res, rei, a thing: cf. F. r['e]el. Cf. Rebus.]

1. Actually being or existing; not fictitious or imaginary; as, a description of real life.

   Whereat I waked, and found Before mine eyes all real, as the dream Had lively shadowed.
   --Milton.

2. True; genuine; not artificial, counterfeit, or factitious; often opposed to ostensible; as, the real reason; real Madeira wine; real ginger.

   Whose perfection far excelled Hers in all real dignity.
   --Milton.

3. Relating to things, not to persons. [Obs.]

   Many are perfect in men's humors that are not greatly capable of the real part of business.
   --Bacon.

4. (Alg.) Having an assignable arithmetical or numerical value or meaning; not imaginary.

5. (Law) Pertaining to things fixed, permanent, or immovable, as to lands and tenements; as, real property, in distinction from personal or movable property.

   Chattels real (Law), such chattels as are annexed to, or savor of, the realty, as terms for years of land. See Chattel.

   Real action (Law), an action for the recovery of real property.

   Real assets (Law), lands or real estate in the hands of the heir, chargeable with the debts of the ancestor.

   Real composition (Eccl. Law), an agreement made between the owner of lands and the parson or vicar, with consent of the ordinary, that such lands shall be discharged from payment of tithes, in consequence of other land or recompense given to the parson in lieu and satisfaction thereof.
   --Blackstone.

   Real estate or Real property, lands, tenements, and hereditaments; freehold interests in landed property; property in houses and land.
   --Kent.
   --Burrill.

   Real presence (R. C. Ch.), the actual presence of the body and blood of Christ in the eucharist, or the conversion of the substance of the bread and wine into the real body and blood of Christ; transubstantiation. In other churches there is a belief in a form of real presence, not however in the sense of transubstantiation.

   Real servitude, called also Predial servitude (Civil Law), a burden imposed upon one estate in favor of another estate of another proprietor.
   --Erskine.
   --Bouvier.

   Syn: Actual; true; genuine; authentic.

   Usage: Real, Actual. Real represents a thing to be a substantive existence; as, a real, not imaginary, occurrence. Actual refers to it as acted or performed; and, hence, when we wish to prove a thing real, we often say, ``It actually exists,'' ``It has actually been done.'' Thus its reality is shown by its actuality. Actual, from this reference to being acted, has recently received a new signification, namely, present; as, the actual posture of affairs; since what is now in action, or going on, has, of course, a present existence. An actual fact; a real sentiment.

   For he that but conceives a crime in thought, Contracts the danger of an actual fault.
   --Dryden.

   Our simple ideas are all real; all agree to the reality of things.
   --Locke.

n. 1 property that cannot easily be moved, usually buildings and the ground they are built on. 2 (context informal English) Space.

n. property consisting of houses and land [syn: real property, realty]

Virtual real estate on Second Life, an online world owned and operated by Linden Lab since 2003, is used by residents when they require permanent in-world storage of the content they have created or otherwise own. Both Linden Lab and Second Life's Residents make money from Second Life through the trading and use of virtual real estate.

Real Estate is an American rock band from Ridgewood, New Jersey, United States, formed in 2009. The band is currently based in Brooklyn, New York, and currently consists of Martin Courtney, IV (vocals, guitar), Alex Bleeker (bass, vocals), Jackson Pollis (drums), Matt Kallman (keyboards) and Julian Lynch (guitar).

Real Estate is the debut album by American indie rock band Real Estate, released on on Woodsist.

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing." It is a legal term used in jurisdictions such as the United States, United Kingdom, Canada, India, Pakistan, Australia, and New Zealand.