Real estate is defined as the physical land and appurtenances improvements or buildings affixed to the land. Improvements means anything that is attached to property and reasonably permanent.
Real property, is the bundle of interests, benefits, and rights inherent in the ownership of physical real estate. real property could be described as the tangible items and the intangible items received from ownership.
http://www.cnn.com/2014/01/20/politics/new-jersey-hoboken-real-estate/index.html?iref=allsearch
Private Restrictions on real estate limit the land development. Some private restrictions are liens, easements, profit a pendre, adverse possession, encroachment and CCR's (covenants, conditions and restrictions).
https://www.youtube.com/watch?v=ecDiY-U0ImU , This clip shows adverse possession case in Atlanta.
Government also places restrictions like taxation, eminent domain, police power and es-cheat. These restriction give the power to the government to regulate over the building built on the property.
https://www.youtube.com/watch?v=Zym47P5Cc2k , This video describes powers and a case of eminent domain.
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