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What exactly is real estate? - Land and improvements such as buildings, furnishings, roads, structures, and utility systems are considered real estate. Property rights confer ownership of land, improvements, and natural resources such as minerals, plants, animals, water, and so on. The phrase "real estate" refers to both the land and any permanent structures, such as a home, or improvements to the property, whether natural or man-made. Real estate is a type of property. Automobiles, boats, diamonds, furniture, and agriculture equipment are not permanently attached to the land. What are the different types of Real Estate? Any property used for residential purposes is called real estate. Examples are single-family homes, condominiums, co-ops, duplexes, townhouses, and multi-family homes. Apartments, gas stations, grocery stores, hospitals, restaurants, offices, parking lots, restaurants, shops, stores, and theaters are examples of real estate. . Any property use...