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Real property is property comprised of land and the buildings on it, in addition to the pure assets of the land, including uncultivated wildlife, farmed crops and livestock, water and mineral deposits. Though media often refers to the actual property market,â€ from the attitude of residential residing, real property might be grouped into three broad classes based on its use: residential, enterprise and industrial. Examples of residential actual property embody undeveloped land, houses, condominiums and town homes; examples of economic actual estate are office buildings, warehouses and retail retailer buildings; and examples of economic actual property embody factories, mines and farms.
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