
How do Russian language resources define real estate concepts
Russian language resources define real estate concepts primarily in legal, cadastral, and economic contexts, with a focus on civil law and market application. In Russian, real estate (недвижимость) is broadly understood as immovable property, including land plots and objects located on them, which are characterized by long-term use and spatial connection. Definitions often emphasize legal ownership rights, restrictions, market value, and cadastral valuation.
Legal Definition
Russian legal literature defines real estate as objects with a fixed location that cannot be moved without damage to their value. This includes land plots, buildings, and structures. The term involves notions of ownership rights, encumbrances, and restrictions established by federal laws. Legal discourse highlights the absence of a single universal definition of real estate in civil law, but shared agreement exists about immovability and long-term functional use. 1, 2, 3
Cadastral and Market Value Concepts
Real estate definitions include financial valuation aspects, distinguishing between market value (рыночная стоимость) and cadastral value (кадастровая стоимость). The cadastral value relates to state registration and taxation, while market value reflects transaction prices and economic conditions. These concepts aid in real estate regulation and taxation policy. 4
Functional and Economic Aspects
Some studies extend the definition towards functional, investment, and environmental factors influencing the use of real estate. They address regional development, sustainability factors (like “green” construction), and efficiency of use as part of the comprehensive understanding of real estate in Russia. 5, 6
Specialized Definitions
There are also specific clarifications for special categories such as real estate for religious purposes used by the Russian Orthodox Church, emphasizing the interplay between civil and church law. 7
In summary, Russian language resources define real estate concepts with a comprehensive approach that integrates legal definitions, market and cadastral valuation, ownership rights and restrictions, and functional-economic considerations within the civil law framework. 2, 6, 1, 4, 7
References
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ON THE CONCEPT AND LEGAL NATURE OF RESTRICTIONS ON OWNERSHIP OF LAND REAL ESTATE
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Market and cadastral value of real estate. Value and application in the Russian Federation
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Influence «Green» Demand Factor of Demand on Housing Sales in Primary Real Estate Market
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The concept and types of real estate property for religious purposes of the Russian Orthodox Church
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Russian language of the Soviet era: definition of the concept
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Civil-Law Regulation of the Emergence of Shared Ownership in Real Estate Objects
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The Present Day Situation on Residential Real Estate Market in Russia