Real estate - is the base of any country in the world

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Real Estate, whose definition was given in the days of Roman law already contained such modern concepts as an easement, that is, the restriction of the rights of use of real estate and mortgage, pledge of owned property, without change of ownership.All real estate transactions then is a simple contract between two parties without the involvement of third parties.

In modern conditions real estate - this property which under the current legislation recognizes real.If defined with objects that define this concept, the real estate - the land is in the property, including land and any other property attached to the ground, firmly connected with it, such as houses, buildings and other objects.In terms of legal rights, real estate - is the base, without which the very existence of any developed country, or society.There is another definition of the interpretation of this definition, real estate - this is the real financial and ownership of land, which includes tangible property that may be under the surface of the earth, to be attached to the ground, and is above the ground.

In Russia, the first mention of the term of the movable and immovable property appear during progressive reign of Peter I.In 1714 he was issued the first decree "On the order of succession to movable and immovable property" in which the real property belonged to the lands, houses, factories, estates, shops and warehouses.Also, real estate recognized mineral resources, located in the ground, buildings, towering above the ground, such as bridges, mines, dams.

Since then, it has been almost three hundred years, and the concept of real estate in our country, as well, and the rest of the world, remains the most debated in academic and political circles.Sometimes legislation developed countries are so different from each other, in one country at the same real estate may recognize, in a country other movable property.Therefore, in the practice of international law accepted by definition belongs to real or personal property on the right of the country where the property is located at the moment.

Real Estate and its views can also affect the preparation of civil contracts.For example, only after the determination of the type of property you can know exactly what will be applied to the form of his donation.Necessary legal point of view, too, the state registration of property depends on the type of real estate.

From an economic point of view, real estate is considered as an effective physical asset, a reliable tool of income and investment.The main elements of real estate in terms of economic attractiveness considered the price and value, usefulness and liquidity and the ability to meet a variety of interests and needs of the population.Real estate can also act as a filler or local municipal budgets at the expense of permanent taxation of real estate transactions or payments for its lease or sale.

From a social point of view, the role of real estate comes down to meet the different needs of the population, such as physiological, intellectual, psychological, and many others.Not to mention the fact that the ownership of real estate in all its form and in any country is an indicator of prestige and wealth, which eventually forms a social layer and the division of society into classes.