Real estate is a commonly used legal term. It means property such as land, building, natural resources. In brief, it includes so-called immovable property. Every country has laws concerning real estate. They describe the possibilities of possession of real estate, its sale and donation, its inheritance, and so on. The knowledge of real estate procedures is very important. The experts of real estate markets are always in demand. They must have not only a deep knowledge, but a good business sense, too.
