Meaning of “immovable property” in the English Dictionary

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"immovable property" in Business English

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immovable propertynoun [ U ]

uk us

LAW, PROPERTY property such as land or buildings, not a person's possessions:

The acquisition of immovable property by buyers who are resident outside the country is subject to strict regulation.

(Definition of “immovable property” from the Cambridge Business English Dictionary © Cambridge University Press)