April would pay Frank first after a round of court-ordered judgment liens were placed on her property.
Real estate is immovable property of this kind, which includes land and buildings on it as well as natural resources like crops, minerals, and water. It also refers to an ownership stake in a specific piece of real property, buildings, or housing in general. Real and estate in law refer to the "interest" that a person has in a piece of real property, which is distinct from personal property. Personal property, such as cars, boats, jewels, equipment, and farm machinery, which is not permanently affixed to the land, is distinct from real estate.
In accordance with the laws of each U.S. state, business corporations, individuals, nonprofit corporations, fiduciaries, and other legal entities may all transfer, own, or acquire real estate in the United States.
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