The real estate or real property is land and the buildings on it. Real estate law governs who may own and use the land. ... First, real estate may be either residential or commercial. It can be owned by one person but used by another through rental arrangements
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Real estate law, or property law, generally refers to the laws controlling the ownership or use of land. Real estate law is a branch of civil law that covers the right to possess, use, and enjoy land and the permanent man-made additions attached to it.
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