Originally posted by jacamar I never understood this "real estate", "real property" thing
From my Commercial Principles & Practice subject in year 11 at high school (about 60 years ago) it was to differentiate between property that was permanent (real) and what could be carried around, lost, worn, etc. The law of contract placed different conditions on the disposal of the different classes of property; real property required written contracts, other stuff could be sold/given if merely evidenced in writing or even just by exchange for some value (quid pro quo).