Real estate in United States has great relevance in the life of US people since this is one of the most common economic activity taking places there. All activities related to real estate are strictly monitored and controlled by the laws of federal as well as State governments. The two main types of real estate procedures in the country are commercial real estate and residential real estate.

Office buildings, commercial centers and other retail properties come under commercial real estate whereas home for single family and lots are a part of residential real estate. Vacant land used for the construction of commercial buildings is also considered to be commercial real estate.