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Actual property is property made up of land and the buildings on it, as well as the pure resources of the land, together with uncultivated wildlife, farmed crops and livestock, water and mineral deposits. Though media usually refers to the “actual estate market,” from the perspective of residential dwelling, actual estate will be grouped into three broad categories primarily based on its use: residential, industrial and industrial. Examples of residential real property embrace undeveloped land, houses, condominiums and city homes; examples of commercial actual estate are office buildings, warehouses and retail store buildings; and examples of business actual property embody factories, mines and farms.
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