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Learn More About Real Estates

What crosses your mind when the word real estate is mentioned? Well everyone has a vague idea of what real estate is. As per the books a real estate is land and buildings on it. Natural features such as minerals, crops and other physical structure on that piece of land entails in what makes a real estate. A real estate is also made up of real properties and objects of immovable nature.

Real estates are built on basis of what purpose does the owner have for it because different owners have different reasons for establishing a real estate. Others see real estate as legal term used in jurisdiction derived from the common law in different continents in the world. All these different points of view direct to the same single thing, real estate.

Lets now branch directly into residential real estate. Single family or multiple families might be the one who resides in a real estate probably bounded the aspect of job. At various cases residents of a real estate may not have ties whether blood or job ties In a real estate different housing tenure types can be used for the same physical type. This may be due to reasons like; the residents might be owned by one person who made them and then leased them out. Another reason for this differences in tenure might be due to a residence being owned in a partnership that is governed by a set of rules.

These residential units might be categorized by different features based on the likings of difference in one real estate to the other.

One category is multi-unit structures or attached dwellings. Also, under this category, there are a sub category called apartments. An an apartment is a single unit in a multi-unit building. A perimeter of different locked or lockable doors bounds the apartment, and thus they are the boundaries of the apartment. Another category in this group is the multi-family house. In these cases different apartments are on each different floor such that each floor in a story house is an apartment. Under the category of multi-unit dwellings there is also the terraced houses. Single buildings sharing a common wall can be classified as a terraced building. Another subcategory that is still in this category is the condominiums. These are complexes owned by individuals.Condominiums are complex or building in the attached category that is owed by individuals. Each or any condominium owner is entitled to the use of common grounds and areas around their condominiums. In some places the condominium equivalents is a block of flats.

Cooperatives also fall into this category of multi-unit dwellings. Another category of this residence is the semi-detached dwellings. Boathouses make the top of the semi-attached list. A the houseboat is a house floating on water. Tents, made temporarily and of simple fabric both the roof and the sides. Duplex a two unit structure with a single shared wall is also part of this category.

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