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Real estate is often considered synonymous with real property which is sometimes called realty. However, it is in contrast with personal property which is sometimes called chattel or personalty under chattel law or personal property law. However, in some situations the term "real estate" refers to the land and fixtures together, as distinguished from "real property," referring to ownership rights of the land itself. Find a Real estate Philippines for sale by visiting a brokerage company in the Philippines.
Real estate covers every aspect of properties and the laws that embodies it. One of its most common aspect is the residential real estate. In residential real estate, the legal arrangement for the right to occupy a dwelling is known as the housing tenure. Types of housing tenure include owner occupancy, tenancy, housing cooperative, condominiums (individually parceled properties in a single building), public housing, squatting, and co-housing.
Residences can be classified by if and how they are connected to neighboring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residents might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns. Learn more about Real estate Philippines from a professional Realtor.
The size of an apartment or house can be described in square feet or meters. In the United States this includes the area of "living space", excluding the garage and other non-living spaces. The "square meters" figure of a house in Europe may report the total area of the walls enclosing the home, thus including any attached garage and non-living spaces, which makes it important to inquire what kind of surface definition that have been used.
It can also be described more roughly by the number of rooms. A studio apartment has a single bedroom with no living room (possibly a separate kitchen). A one-bedroom apartment has a living or dining room, separate from the bedroom. Two bedroom, three bedroom, and larger units are also common. A bedroom is defined as a room with a closet for clothes storage. Visit a realtor to learn what Real estate Philippines is for sale.
Article Source: http://www.articlemotron.com
Real estate is often considered synonymous with real property which is sometimes called realty. However, it is in contrast with personal property which is sometimes called chattel or personalty under chattel law or personal property law.
Ayala Land is the most well established developer in real estate Philippine. Philippines properties.Find your ideal home: house, lot, condo for sale in Ayala Land.
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