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real estate

You don't need to own a fancy estate to own real estate. If you own an apartment, a cabin, or even a little plot of land, you own real estate.

If your grandmother is thinking about buying a condo, she's in the market for real estate, and if your family owns more than one house, they've invested money in real estate. Someone whose job involves helping people buy and sell houses might say, "I work in real estate." This term was first recorded around 1660, but even earlier the word real was used in law for "immovable property."

Definitions of real estate
  1. noun
    property consisting of houses and land
    synonyms: immovable, real property, realty
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    types:
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    acres, demesne, estate, land, landed estate
    extensive landed property (especially in the country) retained by the owner for his own use
    land
    the land on which real estate is located
    dead hand, mortmain
    real property held inalienably (as by an ecclesiastical corporation)
    freehold
    an estate held in fee simple or for life
    glebe
    plot of land belonging to an English parish church or an ecclesiastical office
    leasehold
    land or property held under a lease
    smallholding
    a piece of land under 50 acres that is sold or let to someone for cultivation
    homestead
    land acquired from the United States public lands by filing a record and living on and cultivating it under the homestead law
    farmstead
    the buildings and adjacent grounds of a farm
    homestead
    the home and adjacent grounds occupied by a family
    no man's land
    land that is unowned and uninhabited (and usually undesirable)
    feoff, fief
    a piece of land held under the feudal system
    barony
    the estate of a baron
    countryseat
    an estate in the country
    Crown land
    land that belongs to the Crown
    manor
    the landed estate of a lord (including the house on it)
    seigneury, seigniory, signory
    the estate of a seigneur
    hacienda
    a large estate in Spanish-speaking countries
    plantation
    an estate where cash crops are grown on a large scale (especially in tropical areas)
    entail
    land received by fee tail
    type of:
    belongings, holding, property
    something owned; any tangible or intangible possession that is owned by someone
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