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Category: Real Estate
Real estate refers to land and any physical property attached to it, such as buildings, homes, and other structures. It encompasses various types of properties, including residential, commercial, industrial, and agricultural. Real estate is often characterized by the legal rights associated with property ownership, which can include the right to use, lease, or sell the property. The term also refers to the market for buying, selling, and renting properties, as well as the professionals involved in these transactions, such as real estate agents and brokers. Real estate plays a critical role in the economy, serving as an investment vehicle for individuals and organizations, as well as a fundamental component of urban development and infrastructure.