Different types of property are covered by residential and commercial realty. Residential real estate encompasses single-family homes, condominiums, townhouses, and duplexes, as well as vacation homes. Commercial real estate is used primarily to purchase commercial property, such as apartment buildings. The buildings are often able to generate income for their owners. Industrial realty is used to make buildings, while land refers to working farms and undeveloped land. Below are the types of realty.
Real estate is classified
A city or
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