Economy

What is real estate? »Its definition and meaning

Anonim

The word real estate comes from the Latin word "immobilis" which means immobile or immovable, it is formed with the prefix "in" which means "no", the verb "movere" equal to "move", plus the suffix "bile" which means possibility; therefore its etymology means something "that cannot be moved". This term can be applied to properties that cannot be moved or transferred from one place to another because they are attached to the ground.

Construction or edification is also called property, made by a series of elements that are resistant, allowing the creation of houses, dwellings, buildings, etc. and this is where real estate comes to the fore, which are those properties that are immovable, without the opportunity to be displaced; they can be by adhesion, by nature among others.

On the other hand we find movable property that is the opposite of the above described, since they are those that can be moved from one place to another, without losing their integrity, such as cars, boats, motorcycles etc. But it should be noted that real estate is more expensive than personal property, although this limitation is not always met, but also real estate can be mortgaged commonly but with furniture it is rare when this happens.

This type of property can be classified as, goods by nature that are the soil and subsoil; assets by incorporation that are all constructions; goods by destination that are when furniture is added and finally by analogy that are where we find the mortgage concessions.