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What does real estate mean?

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real estate
Noun


Land, the natural resources situated on land, the structures (building) and the improvements that come from human effort that are permanently affixed to the land as well as the interest, benefits and inherent rights associated with that land.

Synonym(s): 
  • immovable; immovable property; property; real property.
Comment: 
Although "estate" is found in the plural form (e.g., "the estates"), "real estate" is a collective word and rarely used in the plural.
The synonym "property" is used in the plural form when it refers to individual real estate properties rather than assets in general.
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