Etymology
Meaning and Origin
"Realty" is a term used in law and real estate to refer to real property or land. It includes both the land itself and any structures or other improvements built on it. The word "real" in this context refers to the physical, tangible nature of the property, as opposed to personal property, which is movable.
The word "ty" in "realty" has its origins in the feudal system, where land was granted to tenants or vassals by a lord. In exchange for the land, the tenants paid homage to the lord and were obligated to provide military service or other duties. The word "ty" comes from the Old English word for "to hold" or "to bind," reflecting the feudal relationship between lord and tenant.
Over time, the term "realty" came to be applied more broadly to any land or property that is owned by an individual or entity. It is now a common term in real estate law and transactions, and it is also used in other contexts to refer to land or immovable property.
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