Definition, Meaning & Synonyms

realty

Noun
/ˈrēəlˌtē/
Definition
Realty refers to land and any permanent structures on it, such as buildings and homes.
Examples
  • The realty market has been booming in recent years.
  • She works as a realtor, specializing in residential realty.
  • Investing in realty can be a profitable venture.
Meaning
The term is commonly used to denote property, especially in the context of buying, selling, or leasing land and buildings.
Synonyms
  • Property
  • Real estate
  • Land