Property is what we call real estate. Real estate is derived from Latin “res”, meaning land, and the ancient Roman “rex”, meaning king. In ancient times, the kings were responsible for all land and cities in their kingdoms. In the United States however, those with real estate could only vote. Single-family homes and properties with multiple generations are the most popular today. The real estate market is diverse. Most people prefer single-family residences. The other types are condominiums, cooperatives, townhouses (including triple-deckers), quadplexes and holiday homes. The term commercial real estate is used to describe office buildings, retail centers and other commercial property. Often, residential real estate includes apartment buildings…