Realty: meaning, definitions and examples

Etymology

• The word originated from the Old French word 'realité,' meaning 'realness or reality,' which reflects ownership of land.
• In the 19th century, the term gained popularity in the U.S. to denote land and property transactions.

Legal Aspects

• Realty transactions are often governed by specific laws and regulations to protect buyers and sellers.
• The concept of 'property rights' in realty includes the rights to possess, control, and transfer property.

Market Trends

• The realty market often fluctuates based on economic conditions, interest rates, and local demand.
• Emerging trends in realty include sustainability practices, with buildings designed to minimize environmental impact.

Cultural Impact

• Owning property is often viewed as a symbol of success and stability in many cultures around the world.
• Reality TV shows that focus on house shopping and renovations have popularized realty among younger audiences.

Notable Figures

• Barbara Corcoran, a real estate mogul, became famous for her work in New York City's realty market and later as a Shark Tank investor.
• Keller Williams, a prominent figure in the industry, founded one of the largest realty franchises in the world.

At position #14,160, this word is part of sophisticated English vocabulary. It's useful for academic or professional contexts where precise language is needed.

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• 14157 repercussions
• 14158 crashing
• 14159 fain
• 14160 realty
• 14161 helplessness
• 14162 fistula
• 14163 hydrate
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