If real estate exist,then where is false estate?What is this real estate,please tell.
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The 'real' in 'real estate' refers to the legal position of the property and means relating to a thing (it derives from the Latin 'realis' meaning actual or matter), as distinguished from a person. Essentially, the law broadly distinguishes between 'real' property (land and anything affixed to it) and 'personal' property or chattels (everything else, such as clothing, furniture, money, livestock etc). The conceptual difference in law is between 'immovable property' like a house or other construction, which would transfer title along with the land, and 'movable property', which a person could lawfully take and would retain title to on disposal or sale of the land. Real estate thus refers to the business of buying, selling, renting and leasing 'real' property - land, buildings and housing. I suppose you could say that 'false estate' would describe the 'movable' or 'personal' property described above. Although it's not actually a term ever used.
