In fact people lived in a "kingdom." A serf, or anyone other than royalty, never actually owned the land upon which the built their home. They had what is known as a "life estate." this meant that for as long as you were alive, you got to live on the King's property. When you died, the land reverted back to the king. Now you had no right to say who would "inherit" your land, because it wasn't yours after you died, it was the king's.
So what you did was write a letter to the king expressing your "will," to have your wife, son, or daughter, inherit another life estate on the land you previously owned until you died. This is the origin of the term "will."
The king wasn't the only person who could own land. People with a "title," could also own land. A duke, owned all the land in a duchy, a prince owned all the land in a principality, a baron owned all the land in a barony, and a count owned all the land in a county.
The King, baron, duke prince, or count, charged all who lived on their land a "tax." This tradition survives down to our own time, in that real estate taxes are not collected by the state, or federal government, but are collected and assessed by the "county." We also continue the tradition of referring to ownership, as "title," as in "The husband and wife are both "on title."
其實以上解說都只係傳說 (條 Link 入面有人指出當中唔合理嘅地方)，真正嘅解釋，其實係嚟自一個法律嘅 Term:
In law, the word real means relating to a thing (res/rei, thing, from O.Fr. reel, from L.L. realis "actual," from Latin. res, "matter, thing"), as distinguished from a person. Thus the law broadly distinguishes between "real" property (land and anything affixed to it) and "personal" property (everything else, e.g., clothing, furniture, money). The conceptual difference was between immovable property, which would transfer title along with the land, and movable property, which a person would retain title to. The oldest use of the term "Real Estate" that has been preserved in historical records was in 1666.
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