If no deeds of transactions are registered in respect of a property nil encumbrance certificate is issued in Form No.16. If Certificate is issued in this form, it means that there are no registered transactions / liabilities on the property for a given period of time unregistered transactions are not included in this certificate.
Property law is the area of law that governs the various forms of ownership and tenancy in realproperty (land as distinct from personal or movable possessions) and in personal property, within the common law legal system. In the civillaw system, there is a division between movable and immovable property.
Immovable property is an immovable object, an item of property that cannot be moved without destroying or altering it – property that is fixed to the earth, such as land or a house. In the United States it is also commercially and legally known as real estate and in Britain as property.
Any property that can be moved from one location to another. This term is in distinction with immovable property or immovables, such as land and buildings.