Why is it called “real estate”?

April 3, 2023
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The term "real estate" comes from the Latin word "realis,"

which means "royal" or "relating to things," and the Old French word "estat," meaning "property." Essentially, real estate refers to property that is real, as opposed to personal property, such as cars or jewelry.

The term has been used to describe land and buildings, including the structures on that land, as a distinct category of property ownership for centuries. Today, real estate encompasses a wide range of property types, including single-family homes, apartments, commercial buildings, and more.

The term "real estate" is used to distinguish it from personal property, which is property that can be moved or taken with you, and can also encompass intangible assets like stocks and bonds. Real estate, on the other hand, is immovable and includes both the land and the structures built on it.

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