Real Estate. Before 1926, land (with all houses, etc., built thereon) including all estates and interests in lands which are held for life (not for years, however many) or for some greater estate, and whether such lands be of freehold or copyhold tenure. This is the usual meaning of real estate, but for the purposes of devolution upon deaths after 1925 the definition of real estate by s. 3 of the Administration of Estates Act, 1925, is 'real estate includes chattels real and land in possession, remainder or reversion and every interest in or over land to which the deceased was entitled at his death and (ii.) real estate held on trust (including settled land) or by way of mortgage or security, but not money to arise under a trust for sale of land nor money secured or charged on land'; Consult Carson's Real Property Statutes; Williams on Real Property; Burton's Compendium.
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