Real estate is the land along with any permanent improvements attached to the land, whether natural or man-made—including water, trees, minerals, buildings, homes, fences, and bridges. Real estate is a form of real property. It differs from personal property, which are things not permanently attached to the land, such as vehicles, boats, jewelry, furniture, and farm equipment.
People often use the terms land, real estate, and real property interchangeably, but there are some subtle distinctions.
Land refers to the earth’s surface down to the center of the earth and upward to the airspace above, including the trees, minerals, and water.
Real estate is the land, plus any permanent man-made additions, such as houses and other buildings.
Real property—one of the two main classifications of property—is the interests, benefits and rights inherent in the ownership of real estate.
Broadly speaking, real estate includes the physical surface of the land, what lies above and below it, what is permanently attached to it, plus all the rights of ownership—including the right to possess, sell, lease, and enjoy the land.
Real property shouldn’t be confused with personal property, which encompasses all property that doesn’t fit the definition of real property. The primary characteristic of personal property is that it’s movable. Examples include vehicles, boats, furniture, clothing, and smartphones.
A mansion is a large dwelling house. The word itself derives through Old French from the Latin word mansio “dwelling”, an abstract noun derived from the verb manere “to dwell”. The English word manse originally defined a property large enough for the parish priest to maintain himself, but a mansion is no longer self-sustaining in this way (compare a Roman or medieval villa). Manor comes from the same root—territorial holdings granted to a lord who would “remain” there.
Renaissance villas such as Villa Rotonda near Vicenza were an inspiration for many later mansions, especially during the industrialisation.
Following the fall of Rome, the practice of building unfortified villas ceased. Today, the oldest inhabited mansions around the world usually began their existence as fortified houses in the Middle Ages. As social conditions slowly changed and stabilised fortifications were able to be reduced, and over the centuries gave way to comfort. It became fashionable and possible for homes to be beautiful rather than grim and forbidding allowing for the development of the modern mansion.
In British English, a mansion block refers to a block of flats or apartments designed for the appearance of grandeur. In many parts of Asia, including Hong Kong and Japan, the word mansion also refers to a block of apartments. In modern Japan, a “manshon” (Japanese: マンション), stemming from the English word “mansion”, is used to refer to a multi-unit apartment complex or condominium.
In Latin America, the grand rural estate, the Hacienda, Estancia, in Portuguese speaking Brazil Fazenda or Estância, with the mansion as its stately center, is a characteristic feature.
Mansions tended to follow European architectural styles. Whereas until the second half of the 19th century, Portugal and Spain as the colonial (or former colonial) powers were the eminent models for architecture and upper-class lifestyle, towards the end of the 19th century they were sometimes replaced by then more dominant powers like France or England.
In comparably developed, densely populated countries like Mexico, feudal estates and their mansions were as grand and stately as in the Mediterranean old world, whereas where estates were founded in the sparsely populated remote areas like the Pampa of Argentina or Uruguay, where iron pillars, doors, windows, and furniture had to be brought from Europe by ship and afterwards ox cart, buildings were smaller, but normally still aspiring to evoke a stately impression, often featuring, like their earlier Italian counterparts, a morador.
In Venezuela, the traditional Spanish mansions with a garden in the center of the property are usually referred as “Quinta”.

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