Definition: Immobilised, in the context of real estate or business transactions, refers to a property that is not yet ready for occupancy. It could be vacant land, an unfinished building, or any other type of property that has been purchased but has not yet been developed into a commercial or residential use. In legal terms, immobilized assets are those that are legally bound by contract and cannot be transferred without the consent of the lessor (the person who owns the property). This means that if you sell
what should be said.