Trường THPT Trần Hưng Đạo answers what is the meaning of Real Estate
- Welcome to the blog dungalagi.org, which summarizes all the definitions of what is, and discusses and answers what the abbreviation stands for among young people, today we will learn a new concept that is Real Estate. what? Real Estate Meanings. What is real estate? How is real estate classified? What is real estate business? What is real estate? Basic characteristics of Real Estate
What is the definition of Real Estate?
- Real estate is all land and anything permanently attached to the land. Things that are considered permanently attached to the land such as houses, garages, structures above, oil and gas, mineral deposits below that land. Accordingly, real estate is not only land and wealth, but real estate also includes everything created by human labor activities. Specifically, constructions, things on the ground attached to the same territory.
- What is the concept of real estate? Each country has a different concept. However, countries around the world agree that real estate is all land and assets attached to land. Depending on the legal system, the unique characteristics of each country, the concept of real estate as well as the classification is different.
Different conceptions of Real Estate
- Although in the world, the laws of all countries agree on the concept of real estate in that it includes land and assets attached to the land. However, in detail, each country has its own concept of real estate with specific characteristics, clearly expressing its views on the classification and classification criteria of real estate.
- Based on laws from countries such as Article 86 of the Civil Code of Japan, Articles 517 and 518 of the Civil Law of the French Republic, Articles 94 and 96 of the Civil Law of the Federal Republic of Germany, Article 130 of the Civil Code of the Republic of Germany. Republic of Russia, etc., all stipulate that real estate is a fixed asset, inseparable from land. Real estate is determined by the location of the land.
- But, with the Russian Federation, it is stipulated that real estate here is land, not land in general. Understood in this way is reasonable because land is generally only a part of the territory, not an object for carrying out civil transactions.
- From the given concept, although it is said that real estate also includes assets attached to land, each country will have a different view of that property. For example, the laws introduced in France (Article 520 of the Civil Law), Japan, the Civil Code of Tonkin and the old Saigon stipulate that “the harvest has not yet been reaped, the fruit has not yet been plucked from the tree. Real estate, if removed from the tree, is considered movable property.
- On the contrary, according to Article 100 of the Civil Law of Thailand, it is stated: “Real estate is land and things attached to land, including rights attached to land ownership”. The German Civil Law stipulates that immovable property includes land and properties attached to it.
- In 1994, the Civil Law of Russia introduced new regulations, different from the traditional concept. In Article 130, the general concept of immovable property is added: “objects whose displacement will affect their value” and includes elements that are not related to the land and are immovable such as machinery. airplanes, ships, space vehicles, etc.
- In the Civil Code of the Socialist Republic of Vietnam promulgated in 2005, Article 174 specifically provides as follows: “Real estate is property including: Land; Houses and construction works attached to land, including properties attached to such houses and constructions; Other properties attached to the land; Other properties prescribed by law”.
- Based on the above analysis, we can see that real estate is a very broad and diverse concept. It should be clearly defined by law, depending on the country that will define what is real property and not real property.
Real estate classification
In addition to the concept of what real estate is, we also have a way to classify real estate. Currently, real estate is classified into three categories: construction investment real estate, non-construction real estate and special real estate.
- – Real estate with construction investment includes: residential real estate, factory real estate and commercial – service works, infrastructure real estate (technical infrastructure, social infrastructure), real estate as office, etc. In the group of real estate with construction investment, the group of real estate and real estate (including land and assets attached to land) is the basic group of real estate, accounting for a very large proportion. They have a complex nature and are influenced by many subjective and objective factors. This group has a very large influence on the process of industrialization, progress of the country, sustainable urban development. It is worth mentioning here that this group of real estate accounts for the majority of transactions on the real estate market in our country and around the world.
- – Real estate without construction investment: Real estate in this group is mainly agricultural land (in the form of means of production). Specifically, agricultural land, forest land, aquaculture land, rare earth, salt-making land, unused land, etc.
- Typical real estate is a group of real estate including national conservation works, family churches, tangible cultural heritage, temples, shrines, and cemeteries. This group of real estate has the lowest ability to participate in the market. The classification of real estate is necessary for the formulation of mechanisms and policies on the development and management of the real estate market.
- What is residential land? Meanings of Land
- What is VPN? Meanings of VPN
- What is Drama? Meanings of Drama
- What is OEM? Meanings of OEM
- What is Kumanthong? Meanings of Kumanthong
Features of real estate
– Sustainability of real estate
- Land is considered an asset given by nature, therefore, they are long-lasting and almost indestructible (except in the case of natural disasters, landslides, …). In addition, the works and architecture built on the land are also durable, if damaged, the investor will upgrade and repair it, so these works can last for hundreds of years. The durability of real estate is only the life of the architecture and construction works on that ground.
- In the life of real estate, we also need to understand the “physical life” and “economic life”. Accordingly, the economic life ends when the cost of using the real estate is equal to the ownership interest in that real estate under normal market conditions and normal operating status.
- The physical life is much longer than the economic life, which is also because the structure, the bearing capacity of the architecture, the building is very good. This service life ends only when the structure is damaged and cannot continue to be used.
– Real estate is unique and scarce
- The reason for the scarcity of real estate also comes from the scarcity of land. As we all know, the population of our country is increasing day by day while the land fund is limited. Moreover, the rapid urbanization process also makes land less and less.
- Specifically, the scarcity of real estate is reflected in the limited land area of each piece of land, area, region, locality and territory. It is also because of the scarcity and immutability that real estate is unique.
- Unique real estate is also reflected in the fact that: In the same area, if there are two properties located next to each other, they also have different factors, also because of the location, space, and contiguous area. theirs are different. In addition, the uniqueness also lies in the investors and architects themselves when they all pay attention to the different and different factors to create attractiveness for customers.
In addition to the above two characteristics, real estate is also influenced by each other, the value of one real estate may be affected by the other, especially in the case of the state investing in the construction of infrastructure works in the area. certain area. That will cause other real estate near that area to increase as well.
Conclusion
Thank you for reading the article of blog gialagi.org, hope the information answers What is Real Estate?? The meanings of Real Estate will help readers add useful knowledge. If readers have any contributions or questions related to the definition of What is Real Estate? Please leave comments below this article. Trường THPT Trần Hưng Đạo is always ready to exchange and receive new information and knowledge from readers
- What is Workplace? Meanings of Workplace
- What are pixels? Meanings of Pixels
- What is FCA? Meanings of FCA
- What is a rose book? The meanings of the Rose Book
- What is Anydesk? Meanings of Anydesk
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Trường THPT Trần Hưng Đạo answers what is the meaning of Real Estate
- Welcome to the blog dungalagi.org, which summarizes all the definitions of what is, and discusses and answers what the abbreviation stands for among young people, today we will learn a new concept that is Real Estate. what? Real Estate Meanings. What is real estate? How is real estate classified? What is real estate business? What is real estate? Basic characteristics of Real Estate
What is the definition of Real Estate?
- Real estate is all land and anything permanently attached to the land. Things that are considered permanently attached to the land such as houses, garages, structures above, oil and gas, mineral deposits below that land. Accordingly, real estate is not only land and wealth, but real estate also includes everything created by human labor activities. Specifically, constructions, things on the ground attached to the same territory.
- What is the concept of real estate? Each country has a different concept. However, countries around the world agree that real estate is all land and assets attached to land. Depending on the legal system, the unique characteristics of each country, the concept of real estate as well as the classification is different.
Different conceptions of Real Estate
- Although in the world, the laws of all countries agree on the concept of real estate in that it includes land and assets attached to the land. However, in detail, each country has its own concept of real estate with specific characteristics, clearly expressing its views on the classification and classification criteria of real estate.
- Based on laws from countries such as Article 86 of the Civil Code of Japan, Articles 517 and 518 of the Civil Law of the French Republic, Articles 94 and 96 of the Civil Law of the Federal Republic of Germany, Article 130 of the Civil Code of the Republic of Germany. Republic of Russia, etc., all stipulate that real estate is a fixed asset, inseparable from land. Real estate is determined by the location of the land.
- But, with the Russian Federation, it is stipulated that real estate here is land, not land in general. Understood in this way is reasonable because land is generally only a part of the territory, not an object for carrying out civil transactions.
- From the given concept, although it is said that real estate also includes assets attached to land, each country will have a different view of that property. For example, the laws introduced in France (Article 520 of the Civil Law), Japan, the Civil Code of Tonkin and the old Saigon stipulate that “the harvest has not yet been reaped, the fruit has not yet been plucked from the tree. Real estate, if removed from the tree, is considered movable property.
- On the contrary, according to Article 100 of the Civil Law of Thailand, it is stated: "Real estate is land and things attached to land, including rights attached to land ownership". The German Civil Law stipulates that immovable property includes land and properties attached to it.
- In 1994, the Civil Law of Russia introduced new regulations, different from the traditional concept. In Article 130, the general concept of immovable property is added: "objects whose displacement will affect their value" and includes elements that are not related to the land and are immovable such as machinery. airplanes, ships, space vehicles, etc.
- In the Civil Code of the Socialist Republic of Vietnam promulgated in 2005, Article 174 specifically provides as follows: “Real estate is property including: Land; Houses and construction works attached to land, including properties attached to such houses and constructions; Other properties attached to the land; Other properties prescribed by law”.
- Based on the above analysis, we can see that real estate is a very broad and diverse concept. It should be clearly defined by law, depending on the country that will define what is real property and not real property.
Real estate classification
In addition to the concept of what real estate is, we also have a way to classify real estate. Currently, real estate is classified into three categories: construction investment real estate, non-construction real estate and special real estate.
- - Real estate with construction investment includes: residential real estate, factory real estate and commercial - service works, infrastructure real estate (technical infrastructure, social infrastructure), real estate as office, etc. In the group of real estate with construction investment, the group of real estate and real estate (including land and assets attached to land) is the basic group of real estate, accounting for a very large proportion. They have a complex nature and are influenced by many subjective and objective factors. This group has a very large influence on the process of industrialization, progress of the country, sustainable urban development. It is worth mentioning here that this group of real estate accounts for the majority of transactions on the real estate market in our country and around the world.
- - Real estate without construction investment: Real estate in this group is mainly agricultural land (in the form of means of production). Specifically, agricultural land, forest land, aquaculture land, rare earth, salt-making land, unused land, etc.
- Typical real estate is a group of real estate including national conservation works, family churches, tangible cultural heritage, temples, shrines, and cemeteries. This group of real estate has the lowest ability to participate in the market. The classification of real estate is necessary for the formulation of mechanisms and policies on the development and management of the real estate market.
- What is residential land? Meanings of Land
- What is VPN? Meanings of VPN
- What is Drama? Meanings of Drama
- What is OEM? Meanings of OEM
- What is Kumanthong? Meanings of Kumanthong
Features of real estate
– Sustainability of real estate
- Land is considered an asset given by nature, therefore, they are long-lasting and almost indestructible (except in the case of natural disasters, landslides, ...). In addition, the works and architecture built on the land are also durable, if damaged, the investor will upgrade and repair it, so these works can last for hundreds of years. The durability of real estate is only the life of the architecture and construction works on that ground.
- In the life of real estate, we also need to understand the "physical life" and "economic life". Accordingly, the economic life ends when the cost of using the real estate is equal to the ownership interest in that real estate under normal market conditions and normal operating status.
- The physical life is much longer than the economic life, which is also because the structure, the bearing capacity of the architecture, the building is very good. This service life ends only when the structure is damaged and cannot continue to be used.
– Real estate is unique and scarce
- The reason for the scarcity of real estate also comes from the scarcity of land. As we all know, the population of our country is increasing day by day while the land fund is limited. Moreover, the rapid urbanization process also makes land less and less.
- Specifically, the scarcity of real estate is reflected in the limited land area of each piece of land, area, region, locality and territory. It is also because of the scarcity and immutability that real estate is unique.
- Unique real estate is also reflected in the fact that: In the same area, if there are two properties located next to each other, they also have different factors, also because of the location, space, and contiguous area. theirs are different. In addition, the uniqueness also lies in the investors and architects themselves when they all pay attention to the different and different factors to create attractiveness for customers.
In addition to the above two characteristics, real estate is also influenced by each other, the value of one real estate may be affected by the other, especially in the case of the state investing in the construction of infrastructure works in the area. certain area. That will cause other real estate near that area to increase as well.
Conclusion
Thank you for reading the article of blog gialagi.org, hope the information answers What is Real Estate?? The meanings of Real Estate will help readers add useful knowledge. If readers have any contributions or questions related to the definition of What is Real Estate? Please leave comments below this article. Trường THPT Trần Hưng Đạo is always ready to exchange and receive new information and knowledge from readers
- What is Workplace? Meanings of Workplace
- What are pixels? Meanings of Pixels
- What is FCA? Meanings of FCA
- What is a rose book? The meanings of the Rose Book
- What is Anydesk? Meanings of Anydesk
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[box type=”note” align=”” class=”” ez-toc-section” >Trường THPT Trần Hưng Đạo answers what is the meaning of Real Estate
- Welcome to the blog dungalagi.org, which summarizes all the definitions of what is, and discusses and answers what the abbreviation stands for among young people, today we will learn a new concept that is Real Estate. what? Real Estate Meanings. What is real estate? How is real estate classified? What is real estate business? What is real estate? Basic characteristics of Real Estate
What is the definition of Real Estate?
- Real estate is all land and anything permanently attached to the land. Things that are considered permanently attached to the land such as houses, garages, structures above, oil and gas, mineral deposits below that land. Accordingly, real estate is not only land and wealth, but real estate also includes everything created by human labor activities. Specifically, constructions, things on the ground attached to the same territory.
- What is the concept of real estate? Each country has a different concept. However, countries around the world agree that real estate is all land and assets attached to land. Depending on the legal system, the unique characteristics of each country, the concept of real estate as well as the classification is different.
Different conceptions of Real Estate
- Although in the world, the laws of all countries agree on the concept of real estate in that it includes land and assets attached to the land. However, in detail, each country has its own concept of real estate with specific characteristics, clearly expressing its views on the classification and classification criteria of real estate.
- Based on laws from countries such as Article 86 of the Civil Code of Japan, Articles 517 and 518 of the Civil Law of the French Republic, Articles 94 and 96 of the Civil Law of the Federal Republic of Germany, Article 130 of the Civil Code of the Republic of Germany. Republic of Russia, etc., all stipulate that real estate is a fixed asset, inseparable from land. Real estate is determined by the location of the land.
- But, with the Russian Federation, it is stipulated that real estate here is land, not land in general. Understood in this way is reasonable because land is generally only a part of the territory, not an object for carrying out civil transactions.
- From the given concept, although it is said that real estate also includes assets attached to land, each country will have a different view of that property. For example, the laws introduced in France (Article 520 of the Civil Law), Japan, the Civil Code of Tonkin and the old Saigon stipulate that “the harvest has not yet been reaped, the fruit has not yet been plucked from the tree. Real estate, if removed from the tree, is considered movable property.
- On the contrary, according to Article 100 of the Civil Law of Thailand, it is stated: “Real estate is land and things attached to land, including rights attached to land ownership”. The German Civil Law stipulates that immovable property includes land and properties attached to it.
- In 1994, the Civil Law of Russia introduced new regulations, different from the traditional concept. In Article 130, the general concept of immovable property is added: “objects whose displacement will affect their value” and includes elements that are not related to the land and are immovable such as machinery. airplanes, ships, space vehicles, etc.
- In the Civil Code of the Socialist Republic of Vietnam promulgated in 2005, Article 174 specifically provides as follows: “Real estate is property including: Land; Houses and construction works attached to land, including properties attached to such houses and constructions; Other properties attached to the land; Other properties prescribed by law”.
- Based on the above analysis, we can see that real estate is a very broad and diverse concept. It should be clearly defined by law, depending on the country that will define what is real property and not real property.
Real estate classification
In addition to the concept of what real estate is, we also have a way to classify real estate. Currently, real estate is classified into three categories: construction investment real estate, non-construction real estate and special real estate.
- – Real estate with construction investment includes: residential real estate, factory real estate and commercial – service works, infrastructure real estate (technical infrastructure, social infrastructure), real estate as office, etc. In the group of real estate with construction investment, the group of real estate and real estate (including land and assets attached to land) is the basic group of real estate, accounting for a very large proportion. They have a complex nature and are influenced by many subjective and objective factors. This group has a very large influence on the process of industrialization, progress of the country, sustainable urban development. It is worth mentioning here that this group of real estate accounts for the majority of transactions on the real estate market in our country and around the world.
- – Real estate without construction investment: Real estate in this group is mainly agricultural land (in the form of means of production). Specifically, agricultural land, forest land, aquaculture land, rare earth, salt-making land, unused land, etc.
- Typical real estate is a group of real estate including national conservation works, family churches, tangible cultural heritage, temples, shrines, and cemeteries. This group of real estate has the lowest ability to participate in the market. The classification of real estate is necessary for the formulation of mechanisms and policies on the development and management of the real estate market.
- What is residential land? Meanings of Land
- What is VPN? Meanings of VPN
- What is Drama? Meanings of Drama
- What is OEM? Meanings of OEM
- What is Kumanthong? Meanings of Kumanthong
Features of real estate
– Sustainability of real estate
- Land is considered an asset given by nature, therefore, they are long-lasting and almost indestructible (except in the case of natural disasters, landslides, …). In addition, the works and architecture built on the land are also durable, if damaged, the investor will upgrade and repair it, so these works can last for hundreds of years. The durability of real estate is only the life of the architecture and construction works on that ground.
- In the life of real estate, we also need to understand the “physical life” and “economic life”. Accordingly, the economic life ends when the cost of using the real estate is equal to the ownership interest in that real estate under normal market conditions and normal operating status.
- The physical life is much longer than the economic life, which is also because the structure, the bearing capacity of the architecture, the building is very good. This service life ends only when the structure is damaged and cannot continue to be used.
– Real estate is unique and scarce
- The reason for the scarcity of real estate also comes from the scarcity of land. As we all know, the population of our country is increasing day by day while the land fund is limited. Moreover, the rapid urbanization process also makes land less and less.
- Specifically, the scarcity of real estate is reflected in the limited land area of each piece of land, area, region, locality and territory. It is also because of the scarcity and immutability that real estate is unique.
- Unique real estate is also reflected in the fact that: In the same area, if there are two properties located next to each other, they also have different factors, also because of the location, space, and contiguous area. theirs are different. In addition, the uniqueness also lies in the investors and architects themselves when they all pay attention to the different and different factors to create attractiveness for customers.
In addition to the above two characteristics, real estate is also influenced by each other, the value of one real estate may be affected by the other, especially in the case of the state investing in the construction of infrastructure works in the area. certain area. That will cause other real estate near that area to increase as well.
Conclusion
Thank you for reading the article of blog gialagi.org, hope the information answers What is Real Estate?? The meanings of Real Estate will help readers add useful knowledge. If readers have any contributions or questions related to the definition of What is Real Estate? Please leave comments below this article. Trường THPT Trần Hưng Đạo is always ready to exchange and receive new information and knowledge from readers
- What is Workplace? Meanings of Workplace
- What are pixels? Meanings of Pixels
- What is FCA? Meanings of FCA
- What is a rose book? The meanings of the Rose Book
- What is Anydesk? Meanings of Anydesk
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