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Jan 9, 2023 · The term movable property has been defined diversely in various Indian statutes. The General Clauses Act, 1897, in Section 3 (36), defines the term to include property of every description, except immovable property. The Registration Act, 1908, in Section 2 (l) (9), provides an inclusive definition of movable property.
Sep 16, 2016 · The definition of immovable property in Section 3 (26) of the General Clauses Act, 1897 is also not exhaustive. It defines immovable property as it shall include land, benefits to arise out of the land, and things attached to the earth. Thus we find that while Transfer of property excludes certain things. General Clauses Act includes certain ...
Feb 15, 2021 · Therefore, the immovable property includes land and substances permanently attached to the land. Various statutes define immovable property. (1) Transfer of Property Act, 1882 – Section 3 of the Act defines Immovable Property as – “immovable property” does not include standing timber, growing crops, or grass.
The definition of the term "Immovable Property" under the Registration Act 1908, which extends to the whole of India, except the State of Jammu and Kashmir, is comprehensive. The above definition implies that building is included in the definition of immovable property. The following have been held as immovable property.
IMMOVABLE PROPERTY definition | Meaning, pronunciation, translations and examples
Jan 15, 2024 · The immovable property encompasses land, house, pond, shop, and factory building, among others. They are subject to legal ownership by individuals and organisations. Such assets are governed by land and revenue administration by the competent authorities of the Government. Immovable property is provided with many legal protections.
Sep 3, 2022 · The term “Immovable property” forms important constituent in numerous Central Acts. Yet, none of those Acts define this term conclusively. The Transfer of Property Act is the key act dealing with immovable property. “In accordance to Section 3 of the Act, “Immovable Property” omits standing timber, growing crops, and grass, consequent to the same; the […]
