HousingWire: Real estate license reciprocity and portability: A complete guide to where you can practice
Real estate license reciprocity and portability: A complete guide to where you can practice
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specifically : one of the great classes (such as the nobility, the clergy, and the commons) formerly vested with distinct political powers. : the degree, quality, nature, and extent of one's interest in land or other property. also : vineyard. Noun His estate is worth millions of dollars.
ESTATE definition: a piece of landed property, especially one of large extent with an elaborate house on it. See examples of estate used in a sentence.
law A person’s estate is everything the person owns when he or she dies. Br An estate is a group of houses or factories built in a planned way. commercial/industrial/trading estate He rents a unit on an industrial estate. leave your estate to sb She left her entire estate to her niece.
In land law, the term "estate" is a remnant of the English feudal system, which created a complex hierarchy of estates and interests in land. The allodial or fee simple interest is the most complete ownership that one can have of property in the common law system.
An estate is the total property; real and personal, owned by an individual prior to distribution through a trust or will. See: Estate Planning; Estates and Trusts. [Last reviewed in September of 2022 by the Wex Definitions Team] Wex.