National Association of REALTORS®

The natural right of a person to own property as a concept can be seen as having roots in Roman law as well as Greek philosophy. The profession of appraisal can be seen as beginning in England during the 1500s as agricultural needs required land clearing and land preparation. Textbooks on the subject of surveying began to be written and the term “surveying” was used in England, while the term “appraising” was more used in North America. Natural law can be seen as having an influence in Emerich de Vattel’s 1758 “Law of Nations” which conceptualized the idea of private property.

  • Commercial property refers to land and buildings that are used by businesses to carry out their operations.
  • A tax lien attaches to real estate on January 1 and remains in place until all taxes on the property are paid in full.
  • The most popular way
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