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Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Gouverneur Morris, who served as Robert Morris's representative to the Holland Land Company, was able to attach a provision to the sale of some land that gave Mary Morris a $1,500 (equivalent to $27,000 in 2023) per year annuity; this annuity allowed Mary to rent a small house in Philadelphia far away from the city's center.
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