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Real estate refers to the physical land and any structures permanently attached to it, such as buildings, houses, and other improvements. It also includes anything that is permanently installed or affixed to the property, such as fixtures, appliances, and landscaping.
A person buys a house and the land it sits on. The real estate includes not only the physical structure of the house but also the land it sits on, the fixtures such as lighting, and the built-in appliances such as a stove.
"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"
Real estate, oh what a thing,
It's land and buildings, all that it brings!
Anything attached or affixed, too,
Like a fence or a tree, part of the view.
Imagine you buy a house, all yours to keep,
Real estate includes not only the house, but the land, oh so deep!
The built-in appliances, like a stove or a sink,
Are also part of the real estate, don't you think?
So remember, my friend, when it's real estate,
It's not just the building, but the land it relates!
Everything that's permanently attached, it's true,
Is part of the real estate, that's all for you!