"immovable property"
includes—
(a) | [Paragraph (a) deleted by section 53 of Act No. 24 of 2003] |
(b) | any registered lease of land which, when entered into, was for a period of not less than ten years or for the natural life of the lessee or any other person mentioned in the lease, or which is renewable from time to time at the will of the lessee indefinitely or for periods which together with the first period amount in all to not less than ten years; |
(c) | a registered right of lease hold; and |
(d) | a registered right of initial ownership contemplated in section 62 of the Development Facilitation Act, 1995; |