Outrageously Funny Word Dictionary :: Realised

👉 The term "realised" in the context of real estate refers to a transaction that occurs when the property is sold, which means it has been transferred from one person or entity to another. Realisation can occur for various reasons such as exchange, sale, inheritance, purchase, gift, etc., and the ownership may be transferred from one party to another after the transaction is completed. Realised properties are typically characterized by their physical condition, ownership, and legal title, which means they have been fully

realised