Realty refers to real estate, which includes land and any permanent structures on it, such as buildings and homes. It encompasses various types of properties, including residential, commercial, and industrial spaces. The realty market involves buying, selling, and renting these properties, often facilitated by professionals known as real estate agents. The term "realty" is often used interchangeably with "real estate," but it specifically emphasizes the ownership aspect of property. In many regions, realty is governed by laws and regulations that protect buyers and sellers, ensuring fair transactions and property rights.