The following article was first published on The Minuteman June 29, 2017.
“No one actually owns real estate– that is, the physical thing.” And may I remind you that “real estate” is not only the “tangible land”, but it is also “all things permanently attached to it”. That’s right, if your home is “attached” to the “real estate”, well, then you don’t own that home either, because it too is considered “real estate”.