The Difference Between Real Estate and Estate
Posted by PreReal™ Prendamano Real Estate on
These words are occasionally mistakenly used interchangeably. Even then they can be related in some cases, they have two completely different meanings.
An estate is the total sum of one’s assets such as money, businesses, and real property (including their real estate), especially after their death. We hear this term used frequently after one has passed away. “X is the heir to Y’s estate.” It is easy to think that the term estate, especially in this context, specifically means their land or house. For many people, the word estate signifies a home, or more specifically a large plot of land and a lavish home. When, in reality, an estate is just the sum of one's assets, lavish or not.
Another way to look at is that an estate includes…
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