Real Estate

Real estate is a legal term that encompasses land along with improvements to the land, such as buildings, fences, wells and other site improvements that are fixed in location and are immovable.

Real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction and include things such as commercial and residential real property transactions. Real estate is often considered synonymous with real property (sometimes called realty), in contrast with personal property (sometimes called chattel or personalty under chattel law or personal property law).Real Estate authority comprises of Financing, Housing, and various other Cooperative societies.

USA Real Estate

Each U.S. State except Louisiana has its own laws governing real property and the estates therein, grounded in the common law. In Arizona real property is generally defined as land and the things permanently attached to the land. This implies to the factors that are permanently attached to the land, which also can be referred to as improvements, include homes, garages, and buildings. Manufactured homes can obtain an affidavit of affixture.

Property Rights

These include the right to:-
Decide how a piece of real property can be used.
How to exclude others from enjoying the property.
Transfer (alienate) some or all of these rights to others on mutually agreeable terms.
Nature and consequences of transaction costs when changing and transferring estates legally.