Does the mention of the words real estate raise a couple of questions in your head? But everyone usually has a little light about real estate. Basically a piece of land and building make part of a real estate. Also all the natural features on that property are included the like of crops, soil and its components, water minerals, you name them. Real properties and other objects of immovable nature such as buildings and others make the real estates.
Buying, selling and also settlement for lease might be among the many different purposes for starting up a real estate. Others see real estate as legal term used in jurisdiction derived from the common law in different continents in the world. All these different points of view direct to the same single thing, real estate.
A residential real estate may contain a single family or even a multi-family who might be together for job. At other cases residents of the same real estate may not have any relationship at all. A real house estate might have different housing tenure physically. Among other reasons different ownership of a real estate might be the major cause of the different ownership. Another reason may be different ownership bound together by an agreement of making similar units of residence.
These residential units might be categorized by different features based on the likings of difference in one real estate to the other.
Category number one is the multi-unit dwellings or in other words the attached structures. Under this category we have apartments as the first group. An an apartment is a single unit in a multi-unit building. The apartment have boundaries which are marked by a perimeter of locked or lockable doors. Multi-family the house also fall under this category of attached dwellings. In these cases different apartments are on each different floor such that each floor in a story house is an apartment. Also terraced houses fall into this category.Terraced houses also make part of the attached structures dwelling category. Single buildings sharing a common wall can be classified as a terraced building. Condominiums also are members of this classification class. These are complexes owned by individuals.Condominiums are complex or building in the attached category that is owed by individuals. In the condominiums category common grounds and common areas are shared among the individuals. Condominiums in other region are given same worth as a block of flats.
Cooperatives also fall into the above category. The the second category under residential real estates is the semi-attached dwellings. Boathouses make the top of the semi-attached list. This is a floating house on the water. Tents are also in this category, a tent a house made of a non-trustable fabric both on top and sides since it is temporary. Duplex is also part of this list.