Real Estate is a legal term that encompasses physical land and appurtenances affixed to it including improvements, natural resources, and structures both above and below the earth surface. It is both a tangible physical commodity and a source of wealth that is essential and valuable to life and society at large. It provides the foundation for the social and economic activities of people. The business of real estate is diverse, and typically encompasses buying, selling, or renting of land, buildings or housing. It further includes valuation of real estate and real property. Real estate and property professionals engage in the study of property economics, acquisitions, sales and leasing of property, property finance, property development, property valuation, and property investment and analysis. The Department of Real Estate and Property Management (DE&PM) trains professionals in Real Estate, Property Marketing and Agency, Property Valuation and Management. The key professionals in Real Estate and Property Management are regulated nationally by the Institution of Surveyors of Kenya under the following member chapters: Valuation and Estate Management Surveyors and Land Management Surveyors. Careers in Real Estate and Property Management are: Valuation, Facilities and Estate Management, Estate Agency, Land and Property development and administration.