Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing." It is a legal term used in jurisdictions whose legal system is derived from English common law , such as India , the United Kingdom , United States , Canada , Pakistan , Australia , and New Zealand . Contents 1 Residential real estate 2 Sales and marketing Residential real estate Residential real estate may contain either a single family or multifamily structure, that is available for occupation for non-business purposes. Residences can be classified by, if, and how they are connected to neighbou...