The Rent Review Specialist
Definition
Real Estate
The definition of 'property' encompasses more than just real property, also known as real estate, but in British usage, "real property", often shortened to "property", generally refers to land, buildings and fixtures, while the term "real estate" is used mostly in the context of probate law, (and means all interests in land held by a deceased person at death, excluding interests in money arising under a trust for sale of or charged on land.) In some situations, the correct use of the terminology is important, but for ease of understanding popular usage prevails; hence whenever I use the word property' and unless otherwise stated please assume I'm talking about land, buildings and fixtures.