Villa group real estate appraisal company template

Real estate is a comprehensive and complex concept. From the physical phenomenon, it is composed of buildings and land. Land can be divided into undeveloped land and developed land. Buildings exist attached to the land and are integrated with the land. Buildings refer to artificially constructed products, including houses and structures.
The concept of real estate should be understood from two aspects: real estate is not only an objectively existing material form, but also a legal right.
As an objectively existing material form, real estate refers to the general term of real estate and real estate, including land and permanent buildings on the land and the rights derived therefrom. Real estate refers to various houses built on land, including residences, factories, warehouses, and commercial, service, culture, education, health, sports, and office buildings. Real estate refers to land and a certain space above and below it, including various underground infrastructure, surface roads, etc. Real estate is also called real estate in economics due to its own characteristics, namely the fixed location and immovable nature. It can have three forms of existence: land, buildings, and premises combined into one. In real estate auctions, the auction objects can also exist in three forms, namely land (or land use rights), buildings, and physical entities and their rights and interests in the integrated state of real estate. As personal property ownership has evolved, real estate has become a major component of business transactions.