Characteristics of Immovable Property in Law, the word Immovable Property includes land, building, hereditary allowances, rights to ways, lights, ferries, fisheries or any other benefit to arise out of land, and things attached to the earth or permanently fastened to anything which is attached to the earth but not standing timber, growing crops nor grass”.
What is Property and its Types
There are two types of property in law terms, all property will be classified as either personal property or real property. Personal property is movable property. It’s anything that can be subject to ownership, except land. Real property is immovable property – it’s land and anything attached to the land.
Difference Between Movable and Immovable Property
Property ownership has its own classification: movable and immovable property. Movable property refers to personal property, which is either consumable or non consumable. On the other hand, immovable property refers to roads, constructions and buildings.
What is Included in Immovable Property
The term immovable property also includes the land. In real estate law, immovable property has certain rights of ownership that go with title (full or partial) to that property. These may include rights to buildings, rights to collect rent, inherited rights, right of ways, ferries or fisheries.
Examples of Immovable Property
Common examples can be land, houses, trees attached to the ground. 2. Mango trees, if sold for nourishment and for fruits can be considered as immovable property.