Understanding-The Real Estate

Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm.

Major categories |

Attached / multi-unit dwellings |

Apartment or Flat – An individual unit in a multi-unit building. The boundaries of the apartment are generally defined by a perimeter of locked or lockable doors. Often seen in multi-story apartment buildings.

Multi-family house – Often seen in multi-story detached buildings, where each floor is a separate apartment or unit.

Terraced house (a.k.a. townhouse or rowhouse) – A number of single or multi-unit buildings in a continuous row with shared walls and no intervening space.

Condominium – A building or complex, similar to apartments, owned by individuals. Common grounds and common areas within the complex are owned and shared jointly. 

Cooperative (a.k.a. co-op) – A type of multiple ownership in which the residents of a multi-unit housing complex own shares in the cooperative corporation that owns the property, giving each resident the right to occupy a specific apartment or unit.

Tenement is a type of building shared by multiple dwellings, typically with flats or apartments on each floor and with shared entrance stairway access found in Britain.

Semi-detached dwellings| 

Duplex – Two units with one shared wall.

Detached dwellings |

Bungalows

Split-level home

Mansions

Villas

Detached house or single-family detached house 

Cottages

Portable dwellings|

Mobile homes, tiny homes, or residential caravans – A full-time residence that can be movable on wheels.

Houseboats – A floating home

Tents – Usually temporary, with roof and walls consisting only of fabric-like material.

Other categories

Chawls

Havelis

Igloos

Huts

copyright©2021-Present. Real Estate Farishta. All rights reserved