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Glossary Home» Mortgage

Immobility


  1. Unable to move a structure so it must stay where it is. Except for mobile homes, property is fixed at a particular site.
  2. Inability of a person to move because he or she is attached in some way to the general locality. For example, a homeowner in New York City may be tied to his or her job and therefore cannot move to another state because of the lack of job opportunities.