Match the definitions below to words in the text. Then use the words in sentences of your own.

1. one of the people or groups of people involved in an official arrangement (paragraph 1)

2. the thing or things that someone owns (paragraph 1)

3. to have an influence on (paragraph 1)

4. a chemical substance such as a rock which is formed naturally in the ground (paragraph 3)

5. the preparation and use of land for growing crops (paragraph 5)

6. to build a building, wall or other structure (paragraph 5)

7. a person whose job is selling things directly to customers (paragraph 7)

Comprehension

9. Read the article again and pay attention to the constituent parts of the terms 'land', 'real estate' and 'real property'. List them under the appropriate headings in the table below.

land	real estate	real property
	earth's surface extending upward into space
all things permanently attached to the earth by nature

Answer the following questions.

1. Which notions does the real estate business center around?

2. Which role does property legislation play in the real estate business?

3. Which constituents differentiate land from real estate?

4. Which term is broader, real estate or real property?

5. Which commodity does the real estate business deal with?

Make a short summary of the text. See Writing and Speaking Files pp. 207-209, 227-228.

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