Option (1) is incorrect: A suit for recovery of possession can be filed for both immovable property and movable property.
Option (2) is incorrect: A suit for recovery of possession can be filed for both immovable property and movable property.
Option (3) is correct: Under the Specific Relief Act, a suit for recovery of possession of immovable property and movable property can be filed under Section 5 and Section 7, respectively.