What term refers to the unmovable aspect of land indicating it exists in a fixed location?

The term "Fixity" refers to the unmovable aspect of land, indicating that land exists in a fixed location and cannot be relocated. This concept emphasizes that the physical characteristics of land, including its geographical position, are permanent and stable over time. Unlike movable property, land is inherently tied to a specific site, providing a sense of permanence that significantly impacts real estate transactions, development, and land use planning.

Understanding fixity is crucial in real estate because it influences valuation, zoning, and the rights associated with property ownership. Since land cannot be moved or separated from its location, it also plays a key role in determining property boundaries and any legal implications tied to those boundaries. This aspect differentiates real property from personal property, which can be moved at will.