Immovable Property

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Immovable Property:-

Immovable property is property that cannot be moved from one place to another. It is generally connected to the ground or land on which it sits. In much of the world's civil law systems is the same as "real property", it is land or any permanent feature orstructure above or below the surface.

What is immovable property example?

"Immovable property includes; land, buildings, hereditary allowances, right to ways, lights, ferries, fisheries or any other benefit to arise out of land and things attached to the earth, or permanently fastended to anything which is attached to the earth but not standing timber, growing crops nor grass."

What is other immovable property?

Immovable property commonly refers to real estate- a house, warehouse, manufacturing unit or a factory. Trees or plants attached to the earth are also immovable property. In case of realty, they remain liable to legal statutes and also taxation.


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