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Knowledge of Real Estate. What crosses your mind when the word real estate is mentioned? Well everyone has a vague idea of what real estate is. Basically a piece of land and building make part of a real estate. Natural features such as minerals, crops and other physical structure on that piece of land entails in what makes a real estate. All the immovable objects of that nature and all real property like buildings, all make up a real estate. Real estates are built on basis of what purpose does the owner have for it because different owners have different reasons for establishing a real estate. Real estate can also be taken as legal jurisdiction from the common law in a certain region of the world. All the same all those are attempts at describing what a real estate is. Let’s look at residential type of real estates. A single family or multi-family may be bounded by job can be called the residences of a real estate. However, it is not in all real estates that residences are bound by relationships in some cases there is none at all. The the outlook of feature in a real estate might differ. This may be due to reasons like; the residents might be owned by one person who made them and then leased them out. Partnering in bringing up a real estate might also cause the difference due to agreements that maybe were made about the outlook of structures. Based on different features and tastes of owners residential real estates might be classified into different categories. Category number one is the multi-unit dwellings or in other words the attached structures. Also, under this category, there are a sub category called apartments. An an apartment is a single unit in a multi-unit building. The apartment have boundaries which are marked by a perimeter of locked or lockable doors. Multi-family the house also fall under this category of attached dwellings. In cases like these apartments are on different floors such that different floors is a different apartment. Also terraced houses fall into this category.Terraced houses also make part of the attached structures dwelling category. These are some multi-unit or single buildings sharing the same wall in a no convenient space from each other.A terraced house can define as single buildings or multi-unit buildings sharing the same wall. Condominiums also are members of this classification class. Buildings and complexes in multi-unit that are owned by individuals are known s condominiums. In such buildings common areas and grounds are shared and owned jointly. In different parts of the world a block of flats is an equivalence of a condominium. Cooperatives also fall into this category of multi-unit dwellings. Semi-attached dwellings makes the second category of residential real estate. Examples include houseboats. A house floating on water is what is referred as the houseboat. Tents, made temporarily and of simple fabric both the roof and the sides. Another example in this category is the duplex, these are two units with one shared wall.

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