Developers obtain land and integrate it with other residential or commercial properties (called assembly) and rezone it so they can increase the density and increase the worth of the property. Residential real estate includes housing for people, families, or groups of people. This is the most common type of estate and is the possession classPossession Class that many people are familiar with. Within residential, there are single-family homes, houses, condos, townhouses, and other types of living plans. Business home refers to land and structures that are used by businesses to carry out their operations. Examples include going shopping malls, specific shops, office complex, parking area, medical centers, and hotels.
