definition
strict definition
real estate
Related terms: property company · real estate company
A company or other entity with ownership, management, or controlling interests in land and structures.
A real estate company is a company, individual, fund, or other entity which owns, manages, or groups other organizations involved with controlling interests in structures and land-based properties.
Real estate companies are also called property companies.
The interest can be held directly or through organizations that control properties. A property company therefore need not perform the physical construction or everyday maintenance itself.
real estate Photos
More specific definitions
15 sub-definitions-
client
The owner of a structure's original construction project, retaining that role after any later sale. -
developer
The company, person, or organization which directs the planning and construction of a built object. -
donor
The person or organization that most recently donated a built object to its current holder. -
housing cooperative
A membership-based entity set up for collective ownership of multi-unit residential properties. -
master plan developer
A company which organizes the overall development scheme for a multi-parcel site. -
owner
The person or entity with a legally recognized ownership claim to all or part of an object. -
owner of landed property
The owner of the land on which a built object is placed, independently of the object itself. -
owner's surrogate
An agent who executes a property owner's responsibilities and acts on the owner's behalf. -
parking management
The person or organization responsible for parking services and related operations at a site. -
property management
The person or organization overseeing site operations and providing tenant services for a property. -
real estate agent
A firm which sells or leases real estate to purchasers and prospective tenants. -
real estate association
An organization to promote common causes among various enrolled property firms. -
residence provider
An organization renting or leasing residential units cooperatively, often with a property-management role. -
residential condominium association
A group of unit owners acting as the common owner of a building or complex. -
tenant
The person, organization, or other entity occupying a space on an extended, continuing basis.
Related definitions
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construction
Companies and firms involved in the physical work of building and altering structures. -
design
Firms, organizations, or individuals contributing creatively to functional and aesthetic planning. -
education
Organizations devoted to teaching or systematic research that increases knowledge in a particular field. -
engineering
Firms, companies, and entities which perform services applying mathematics and science to practical endeavors. -
finance
An entity involved in supplying, directing, or managing money, capital, or financial instruments. -
government
Groups and branches belonging to the legally ruling authorities of any geographic area. -
information technology
Companies which build devices, create software, and provide services in computer and related information technology industries. -
insurance
Companies that provide insurance protection or supporting services for the insurance industry. -
law and taxes
Companies and individuals providing legal or tax consultation, representation, and related professional services. -
maintenance
Companies contracted to keep objects, products, or properties in working order through upkeep or repair. -
manufacturing
Companies and organizations involved in producing supplies and assembled goods. -
marketing
Firms and organizations promoting goods or services through advertising, publicity, or related media work. -
retail and services
Businesses providing direct customer services or operating customer-facing facilities at a particular site. -
sports
An organized team, company, or other group involved in athletic training, competition, or exercise.