Kinnisust

Kinnisust is a term used in Estonian property law that translates roughly to "immovable property" or "real estate." It encompasses land and anything permanently attached to it, whether naturally or artificially. This includes buildings, structures, and even natural features like trees and mineral deposits, as long as they are considered an integral part of the land.

The concept of kinnisust is fundamental to understanding property rights and transactions in Estonia. When dealing with kinnisust, formal registration in the Estonian Land Register is crucial. This register provides public notice of ownership, mortgages, easements, and other rights and encumbrances affecting the property. Without registration, ownership rights are not fully protected against third parties.

The legal framework governing kinnisust is primarily found in the Estonian Law of Property Act. This act defines what constitutes immovable property, regulates the acquisition and transfer of ownership, and outlines the rights and obligations of property owners. Transactions involving kinnisust, such as sales, leases, and mortgages, typically require a notarial deed to be legally valid. The distinction between movable and immovable property is important because it dictates the legal procedures and formalities required for their transfer and for the establishment of security interests.