Immovable Property

Immovable property refers to land and anything permanently attached to it, such as buildings, houses, or structures. Unlike movable property, which can be moved easily (like vehicles or furniture), immovable property remains fixed in one place. It is typically transferred through legal processes like sale, inheritance, or gift, and is often registered with government authorities. Immovable property forms a significant part of personal and business assets, and its ownership and transfer are governed by specific laws to ensure security and clarity in transactions.