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Real Estate Finance & Investments 15th Edition by William Brueggeman, Jeffrey Fisher
النسخة 15الرقم المعياري الدولي: 978-0073377353Real Estate Finance & Investments 15th Edition by William Brueggeman, Jeffrey Fisher
النسخة 15الرقم المعياري الدولي: 978-0073377353 تمرين 2
What is meant by an estate Why are estates important in real estate finance
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Estate
Definition of estate is similar to definition of Assets. Estate is defined as all the properties that an individual person owns. Estate represents the legal ownership on properties of the individual. Estate are those properties on which an individual has right to use it, sell it or leased it. According to English property law with tell the nature of right on property. In the transaction of estate the buyer and seller describe the nature of use of property and extent of the right of property.
The term "Real estate" represents all the reality related property that an individual owns. Likewise there is another type of estate that is classified according the nature of right and nature of use.
There are major two general categories that are classifying bases of nature if right and use is mention below:
1. Estate based on right
2. Estate based on possession
Definition of estate is similar to definition of Assets. Estate is defined as all the properties that an individual person owns. Estate represents the legal ownership on properties of the individual. Estate are those properties on which an individual has right to use it, sell it or leased it. According to English property law with tell the nature of right on property. In the transaction of estate the buyer and seller describe the nature of use of property and extent of the right of property.
The term "Real estate" represents all the reality related property that an individual owns. Likewise there is another type of estate that is classified according the nature of right and nature of use.
There are major two general categories that are classifying bases of nature if right and use is mention below:
1. Estate based on right
2. Estate based on possession
Real Estate Finance & Investments 15th Edition by William Brueggeman, Jeffrey Fisher
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