What's the difference between real estate, property and real estate?

The concept of real estate should be understood from two aspects: real estate is not only an objective material form, but also a legal right.

As an objective material form, real estate refers to real estate and real estate, including land and permanent buildings on land and their derived rights. Real estate refers to all kinds of houses built on land, including houses, factories, warehouses, commercial, service, cultural, educational, health, sports, office and other buildings. Real estate refers to land and certain space above and below it, including all kinds of underground infrastructure and ground roads. Real estate is also called real estate in economics because of its own characteristics, that is, the fixed position and immovability. There can be three forms of existence: the integration of land, buildings and houses. In the auction of real estate, the auction target can also exist in three forms, namely, land (or land use right), material entities and their rights and interests in the state of integration of buildings and premises. With the development of personal property ownership, real estate has become the main component of commercial transactions.

The essence of real estate in the legal sense is a kind of real right, which refers to various economic interests contained in real estate entities and various rights formed therefrom, such as ownership, use right, mortgage right, mortgage right, lease right and so on.

As the name implies, commercial real estate is commercial real estate, so it is also called shop real estate. It is different from residential real estate with residential function and industrial real estate with industrial production function. Broadly speaking, commercial real estate usually refers to the real estate forms used for various business purposes such as retail, wholesale, catering, entertainment, fitness and leisure, which are different from ordinary houses, apartments, villas and other real estate forms in business model, function and use. Real estate with office as its main purpose belongs to the category of commercial real estate, and can also be listed separately. The commonly used vocabulary abroad is the concept of retail real estate. Generally refers to the form of real estate used in retail industry, and in a narrow sense, it is commercial real estate.