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Established in 1911, Douglas Elliman Actual Estate is the largest brokerage in the New York Metropolitan space and the third largest residential real estate firm nationwide. Actual property is property made up of land and the buildings on it, as well as the pure assets of the land, together with uncultivated flora and fauna, farmed crops and livestock, water and mineral deposits. Although media usually refers back to the “actual property market,” from the perspective of residential dwelling, real property will be grouped into three broad classes primarily based on its use: residential, industrial and industrial. Examples of residential actual estate embody undeveloped land, homes, condominiums and town homes; examples of business real estate are workplace buildings, warehouses and retail retailer buildings; and examples of commercial actual property embrace factories, mines and farms.
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