The individual is obviously a concept opposite to the collective, which mainly shows all the meanings here. Personal real estate refers to real estate owned by individuals. Therefore, the key to understanding personal real estate is to understand the concept of real estate.
Real estate refers to land, buildings, inseparable parts fixed on land and buildings and various rights and interests attached to them.
Real estate is also called real estate because of its own characteristics, that is, the fixed position and immovability.
Real estate can exist in three forms: land, buildings and real estate. In real estate auction, 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 real estate.
And private houses, according to the definition of the second paragraph of Article 2 of the Regulations on the Administration of Urban Private Houses, that is, private houses refer to residential and non-residential houses owned by individuals and occupied or rented by several people.
By comparing the above concepts, we can find their differences. The main difference between the two is the different scope. The scope of personal property is obviously larger than that of private housing, which is a part of personal property. Private house refers to the buildings in personal real estate, that is, houses. In addition to buildings, personal real estate also includes land use rights.