What is the Louisiana Civil Law term for real estate?

The term “Immovable” in Louisiana Civil Law refers specifically to real estate. This classification is rooted in the legal distinction between movable and immovable property. Immovables include not only land but also anything permanently attached to it, such as buildings and other structures. This terminology is important in legal contexts, as it shapes how property rights, transactions, and dispute resolutions are handled under Louisiana law, which is influenced by the Civil Code.

The other terms listed, while they may be used in casual conversation or in other contexts, do not hold the same specific legal meaning. "Real Estate" is a general term commonly used in real estate practice but lacks the precise legal definition established in Louisiana's civil law. "Property" is a broad category that encompasses both movable and immovable assets, making it too vague for the specific context of real estate under Louisiana law. "Fixed Asset" typically refers to long-term tangible assets on a business’s balance sheet and is not used to describe real estate in the legal context of Louisiana. Thus, "Immovable" is the most accurate term in identifying real estate in the framework of Louisiana law.