What is the difference between moveable and immoveable property?
- Siva Prasad Bose
- Sep 26, 2021
- 1 min read
Photo by Alex on Pexels.com
In this article we discuss the legal difference between moveable property and immoveable property. Since both are treated differently for the purpose of property cases and estate planning such as wills, it is important to be clear about the difference between them.
Immoveable property refers to land itself as well as something that is attached to the ground. This can include houses or buildings constructed on land, as well as things like trees or lakes and such natural objects. It also includes items that are attached to such construction on the land, such as windows, electrical fittings in a house or swimming pools.
Moveable property can include things like moveable furniture, money, gold, generators, cars, shares, electronic items, and so on.
One major difference of treatment in law between moveable and immoveable property is as follows: in order to transfer immoveable property, such as a house or flat, from one person to another, it must be registered with the competent authority such as the municipal authority of that area. Transfer of moveable property, on the other hand, does not need this kind of registration.
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