User:Augusta Ikedi/sandbox

Real Estate and Entrepreneurship.

Real estate is not discussed without land. Land is considered as the most sought after, most controversial of all assets as it includes all elements on it, above the surface and below it. All life activities need land and its appurtenances to survive. It is therefore important to study land management. The action of land management gives rise to obtaining optimum return on what is sought on land. Land and man are important assets on earth and have a symbiotic relationship. Man in his many forms- as an individual, government or corporate institution need land for their different uses. This reason alone makes the acquisition of land highly competitive and because the total supply of land is fixed, different methods and practices are adopted to manage the available space as well as increase the amount of usable space.

Concept of Land

There are six concepts of land. Physical Concept Legal Concept Social Concept Economic Concept Spiritual Concept Sociopolitical Concept Abstract Concept