How come it is named real estate?

The term "real estate" has its origins in medieval English law. The word "real" is derived from the Latin word "res," meaning "thing," and it refers to physical property such as land and buildings. The term "estate" comes from the Old French word "estat," which means "status" or "condition." In medieval times, the word was used to describe the total possessions of a person, including both tangible and intangible assets.
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