Meaning & use

immovable property

noun·Advanced

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UK/ɪˌmuːvəbl ˈprɒpəti/
US/ɪˌmuːvəbl ˈprɑːpərti/

Meaning

  1. noununcountablelegalIndian

    Property that cannot be moved from its place, such as land and the buildings or fixtures attached to it.

    Grammar: Used as a mass noun: immovable property is taxed differently.

    Patterns

    • transfer immovable property

    The couple bought immovable property in the countryside as a long-term investment.

    Land and houses count as immovable property under the tax code.

    The loan was secured against his immovable property.

Common combinations

transfer immovable property
The seller must register the deed to transfer immovable property.
sell immovable property
They had to sell immovable property to settle the debt.
tax on immovable property
The tax on immovable property rises with its assessed value.
immovable property and movable property
The will divided immovable property and movable property between the heirs.
immovable property rights
The treaty protects immovable property rights of foreign owners.

Synonyms and how they differ

real estate
Real estate is the common American term and also covers the business of buying and selling; immovable property is more legal and technical.
real property
Real property is the usual term in English-law texts and means almost the same thing.
realty
Realty is an older, business-flavored word that often refers to property as a market.

Opposites

movable propertypersonal property

Word family

immovable adjective
not able to be moved
movable property noun
items that can be carried away, such as furniture
immovably adverb
in a fixed, unmovable way
property noun
things that are owned

Commonly confused: immovable property or fixed assets?

immovable property vs fixed assets

Fixed assets are items a business keeps long-term, including machinery, and are broader than land and buildings.

Practice

Which of these is a clear example of immovable property?

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