Real Estate Department

While some parts of land are removable and the topography can be altered, the geographic location of any parcel of land can never be changed. Homes for Sale on Long Island and in New Jersey This week’s out there properties are a four-bedroom home in Lloyd Neck, N.Y., and a four-bedroom in Frenchtown, N.J. We spoke with consultants about the dos and don’ts of the short-term rental market. As leases expire amid a sizzling rental market, tenants are reporting huge rent hikes.

• Real estate is a class of “real property” that includes land and anything completely hooked up to it, whether or not natural or man-made.
• Real estate may be valued or devalued primarily based on the amount of environmental degradation that has occurred.
• For REET functions, sales of real property with a number of uses is classified according to the property’s predominate use.

Earn your house …