property
Immovable property: land lots,
buildings, structures, perennial
plantations and any other
assets which are strongly fixed
to the ground, i.e. objects,
displacement of which is
impossible without
unreasonable damage
to their designation.
Proprietary rights for
immovables shall have legal
force only after their
registration with registration
bodies (Law on registration
of rights for immovables and
transactions related thereto
dated July 26, 2007)
Objects, which are
not immovable property,
shall constitute movables.
Also air and sea vessels, vessels
of domestic water travel, vessels
of river-sea sailing and cosmic
objects, which are subject
to state registration shall be
equaled to immovable property.
Registration of rights for
movable property is not
required except cases provided
for by laws (Law on registration
pledge of movable property
dated June 30, 1998)