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- DictionaryPer·son·al pro·per·ty/ˈpərs(ə)n(ə)l ˈpräpərdē/
noun
- 1. movable property; belongings exclusive of land and buildings.
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May 18, 2024 · Personal property are movable items that people own. Personal property can be intangible, such as stocks and bonds, or tangible, such as clothes or artwork.
- Julia Kagan
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Oct 27, 2023 · What Is the Legal Definition of Personal Property? In the context of the law, personal property is anything other than land that may be subject to ownership. Because of this, the characteristic that defines personal property is that it is movable.
Jun 8, 2023 · The main difference between real property and personal property is that real property is land and any permanent structures on it; personal property refers to anything else you can own.
Personal property is property that is movable. In common law systems, personal property may also be called chattels or personalty. In civil law systems, personal property is often called movable property or movables—any property that can be moved from one location to another.
The meaning of PERSONAL PROPERTY is property other than real property consisting of things temporary or movable : chattels.
Jun 30, 2022 · Personal property refers to your movable items and effects, including your clothing, jewelry, and appliances. You can get coverage for your personal property through a homeowners insurance policy or a renters insurance policy.
personal property - Assets that are movable and not fixed permanently to one location, such as cars, furniture, jewelry, and patents.
