This form is a contract for the lease of personal property. The lessor demises and leases to the lessee and the lessee takes and rents from the lessor certain personal property described in Exhibit "A".
This form is a contract for the lease of personal property. The lessor demises and leases to the lessee and the lessee takes and rents from the lessor certain personal property described in Exhibit "A".
In general, the distinction rests on ordinary conceptions of physical mobility: immovables would be such things as land or buildings, which are thought to be stationary in space; movables would be such things as cattle or personal belongings, which can either move themselves or be moved in space.
Ing to the Central Civil Services Conduct Rules 1964, a Group B government servant can accept gifts worth up to Rs 15,000. However, they cannot accept any gift without the government's sanction if the value exceeds Rs 5,000.
Note:- The declaration form is required to be filled in and submitted by member of Class – I and Class – II services under rule 18 (2) of the CCS (Conduct) Rules, 1964 on first appointment to the service and thereafter at the interval of every twelve months, giving particulars of all immovable property owned, acquired ...
In simple terms, immovable property is something that you own, but cannot move. Think of it as a big, heavy thing that stays in one place. It's not something you can pick up and carry around.
Generally, a house and the land upon which it sits would be considered immovable property. Under Civil Code Article 475, all things that are not deemed as Immovables are considered Movables.