Before we talk about immovable properties, we should first understand the following:
With respect to legal interpretation, there exist two distinct types of properties. They are movable properties and immovable properties. These two types essentially encompass a wide variety of properties ranging from computers to houses. Each category of property carries with it a distinct set of legal implications and functions. On a comprehensive note, the fundamental factor that distinguishes the two types of properties is whether they can be relocated or not. Such relocation should be able to be achieved without any significant alterations. For example, a technological gadget such as a computer can be moved from one place to another without any such alterations, and thus, they fall under the category of movable properties. On the other hand, an example of immovable property would be a residential home owing to the fact that it cannot be transported or relocated under any circumstances.
It may be said that any property that is not real estate is considered movable property. Now, when a property is said to be immovable, it typically indicates that the property is strongly fixed to the ground. Real estate properties are built onto and into the ground below them. This means that it is impossible to relocate such property without making major physical alterations which would possibly end up destroying the property.
It should be realized that there are no exclusive links between immovable properties and real estate. This is simply because all real estate properties are immovable properties. Hence, there is no need to separately explain such an association. Under the ambit of real estate, the term immovable property is not used exclusively to describe a piece of real estate property. It also includes the land that surrounds the real estate property in question. Residential houses, apartment buildings, industrial properties, and commercial properties are all examples of immovable properties in real estate. It should be noted that every immovable property has certain rights that are attached to its ownership. All immovable properties are positively subject to statutory rules and regulations. They also hold implications when it comes to the payment of taxes.
In addition to the aforementioned interpretations, it should also be noted that any items or developments that are attached to immovable property and considered vital for its smooth operation, also fall under the category of immovable properties. These items include plumbing systems, sewage treatments, air conditioning units, etc.
