What is an immovable asset and what is the difference between immovable property and fixed assets

Updated on Financial 2024-05-27
9 answers
  1. Anonymous users2024-02-11

    Immovable assets, i.e., immovable property, refer to tangible objects that cannot be moved according to their physical properties or whose movement will seriously damage their economic value. Article 92 of the Guarantee Law stipulates that "the term "immovable property" in this Law refers to land, houses, forests and other above-ground attachments. ”

    Difference Between Movable and Immovable Property:

    The so-called movable property refers to things other than immovable property, which can be moved in nature and does not damage its economic value, such as televisions, books, etc.

    The differences between the concepts of movable property and immovable property are mainly manifested in:

    First, whether it can be moved. Movable property is usually movable, whereas immovable property is not.

    Second, whether the movement is economically justified. Land attachments such as houses may also be able to move, but once they are expensive, movable property can usually be moved, even with heavy machinery and equipment, and it is less expensive to move than real estate.

    Third, whether the land is attached. In addition to land, other properties such as houses and forests are attached to the land and are usually immovable in space, and if they move, their economic value will be affected. Movable property, on the other hand, is usually not attached to the land.

  2. Anonymous users2024-02-10

    Immovable property: refers to things that cannot be moved or would damage their economic utility and economic value if moved, such as land and buildings, bridges, trees, etc. fixed on the land. As opposed to movable property.

  3. Anonymous users2024-02-09

    Let's get down to it in a popular way! I hope you can understand, for example, a company, it has working capital, but also real estate, circulating capital is for turnover, real estate is equipment, such as machines. Computer! Plant! Wait a minute.

  4. Anonymous users2024-02-08

    Buildings and buildings, corresponding to equipment, are movable property.

  5. Anonymous users2024-02-07

    The differences between immovable property and fixed assets are as follows: 1. The time limit is different: fixed assets refer to non-monetary assets that the value of enterprises to produce products and provide labor services reaches a certain standard.

    Immovable property includes appurtenances attached to or located above and below ground. 3. The characteristics are different: the value of fixed assets is generally relatively large.

    Immovable property is immovable.

    1. What is the difference between real estate and fixed assets?

    1. The differences between real estate and fixed assets are as follows:

    2) The content included is different: fixed assets include houses, buildings, machines, machinery, tools for transportation, etc. Immovable property includes appurtenances attached to or located above and below ground.

    3) The characteristics are different: the value of fixed assets is generally larger. Immovable property is immovable.

    2. Legal basis: Article 209 of the Civil Code of the People's Republic of China.

    The creation, alteration, transfer and extinction of immovable property rights shall take effect upon registration in accordance with law; Without registration, it shall not take effect, unless otherwise provided by law.

    Article 210.

    The registration of immovable property shall be handled by the registration authority where the immovable property is located.

    The State implements a unified registration system for immovable property. The scope of unified registration, registration bodies, and registration methods shall be prescribed by laws and administrative regulations.

    2. Is real estate the same as fixed assets?

    Fixed assets and immovable property are not exactly the same, as follows:

    1. Immovable property is a fixed asset, but fixed assets are not necessarily immovable property.

    2. Machinery and equipment are fixed assets, but machinery and equipment are not real estate.

    3. The house is a fixed asset, and the house is also a real estate.

  6. Anonymous users2024-02-06

    Based on VAT and VAT on fixed assets.

    It can be seen that the main differences between fixed assets and immovable property in the VAT are as follows:

    1. Fixed assets belong to the category of goods, while immovable property does not belong to goods;

    2. The nature and shape of fixed assets will not change after moving, and the nature and shape of real estate will change after moving.

    3. The specific division of fixed assets and immovable property can be determined in accordance with the provisions of the "Classification and Classification of Fixed Assets" (GB T14885-1994).

    Fixed assets refer to non-monetary assets held by enterprises for the purpose of producing products, providing labor services, leasing or operating tourism management, which have been used for more than 12 months and whose value reaches a certain standard, including houses, buildings, machines, machinery, means of transportation and other equipment, appliances and tools related to production and business activities. Among them, houses, buildings, etc. belong to immovable property, and means of transportation belong to movable property. It can be seen that fixed assets are not necessarily immovable property.

  7. Anonymous users2024-02-05

    Hello! We're happy to answer for you! The difference between movable assets and immovable assets Hello, the time is a time difference between one year.

    In general, more than one year is a fixed asset, and less than one year is a current asset. Fixed assets refer to those held by an enterprise for the purpose of producing products, providing services, leasing or operation and management, and have been used for more than 12 months; Non-current assets refer to assets that cannot be realized or consumed within a business cycle of one year or more.

  8. Anonymous users2024-02-04

    Fixed assets do not include intangible assets. Fixed assets refer to buildings, buildings, machines, machinery, means of transportation and other equipment, appliances and tools related to production and operation that have been used for more than one year. Intangible assets include social intangible assets and natural intangible assets.

    There are patent rights, non-patented technologies, trademark rights, copyrights, concession rights, land use rights, etc.

    Civil Code of the People's Republic of China

    Article 113.

    The property rights of civil subjects are equally protected by law.

    Civil Code of the People's Republic of China

    Article 206 and 17.

    The lawful property of private individuals is protected by law, and it is forbidden for any organization or individual to encroach upon, plunder, or destroy it.

    Civil Code of the People's Republic of China

    Article 269.

    For-profit legal persons have the right to possess, use, benefit from and dispose of their immovable and movable property in accordance with laws, administrative regulations and articles of association.

    Legal persons other than for-profit legal persons shall apply the provisions of relevant laws, administrative regulations, and articles of association to their immovable and movable property rights.

  9. Anonymous users2024-02-03

    Distinguish. 1. Whether the wax can be moved.

    Movable property can usually be moved; Real estate, on the other hand, cannot be moved.

    Distinguish. 2. Whether it is economically reasonable to move.

    Real estate, such as land attachments such as houses and sliding houses, may also be able to move, but once moved, it is very expensive;

    Movable property can usually be moved, even with heavy machinery and equipment, and it is less difficult to move than real estate.

    Distinguish. 3. Whether the land is attached.

    In addition to the land, other properties such as houses and trees are attached to the land, which are usually immovable in space, and if they move, their economic value will be affected;

    Movable property is usually not attached to the land.

    Distinguish. Fourth, the gains and losses are different.

    Movable property is deliverianism; Immovable property needs to be registered.

    Distinguish. 5. The jurisdiction of litigation and the application of foreign-related laws are different.

    Movable property is personal; Immovable property is materialism.

    Article 92 of the Guarantee Law stipulates that "the term "immovable property" in this Law refers to land, houses, forests and other above-ground attachments. ”

    Movable property refers to assets that can exist out of their original position, such as various current assets, various long-term investments and fixed assets other than immovable property.

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