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In spite of the name, '''real estate''' has no connection with the concept of reality (in other words, the law does not consider real property more "real" than personal property). It derives instead from the feudal principle that in a monarchy, all land was considered the property of the king. Thus originally the term '''real estate''' was equivalent to "royal estate", ''real'' originating from the French ''royale'', as it was the French-speaking Normans who introduced feudalism to England and thus to the English language; cognate to Spanish ''real''.
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Last Updated August 11, 2005