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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 fixed rate mortgage missouri rate 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 fixed rate mortgage missouri rate real. With the development of private property ownership, real estate has become a major area of business. Purchasing real estate requires a significant investment, and each parcel of land has unique characteristics, so the real estate industry has evolved into several distinct fields. Specialists are often called on to valuate real estate and facilitate transactions. Some kinds of real estate businesses include: Appraisal - Professional valuation services Brokerages - Assisting buyers and sellers in fixed rate mortgage missouri rate Development - Improving land for use by adding or replacing buildings Property management - Managing a property for its owner(s) Relocation fixed rate mortgage missouri rate - Relocating people or business to different country In owner-occupancy, the landlord - tenant relationship is short-circuited. Consider two people, A and B, each of whom owns property. If A lives in B's property, and B lives in A's, two financial transactions take place - each pays rent to the other. But if A and B are both owner occupiers, no money changes hands, even though the same economic relationships exists; there are still two fixed rate mortgage missouri rate and two occupiers, but the transactions between them no longer go through the market. The amount that would have changed hands had the owner and occupier been different persons is fixed rate mortgage missouri rate the imputed rent. The effect of owner occupancy is therefore that the imputed rents disappear from measures of national income and output, unless figures are added to take them fixed rate mortgage missouri rate account. Government loses the opportunity to tax the transaction. Sometimes governments have attempted to tax the imputed rent (Schedule A of the U.K. income tax used to do this), but this tends to be unpopular because most people do not understand the concept of