Article (2) defines Real Property as anything that is fixed and cannot be moved without sustaining damage or an alteration to its structure. This encompasses the land itself and any permanent structures built upon it. This definition is vital becaus…
Article (2) defines Real Property as anything that is fixed and cannot be moved without sustaining damage or an alteration to its structure. This encompasses the land itself and any permanent structures built upon it. This definition is vital because it establishes the scope of what must be recorded in the Real Property Register. All legal acts that create, transfer, or extinguish rights in these fixed assets must be registered to be legally valid.
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