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personal property Definition

personal property

noun

any property that is not real property and that is movable or not attached to the land

personal property Finance Definition

Property that is owned by an individual that is not real estate. Personal property often is covered by homeowners’ insurance. Clothing, televisions, and dishes are examples of personal property.

personal property Law Definition

n

Property that is movable, unlike real estate or things attached to the real estate. However, things attached to real estate may be considered as personal property, also known as personalty, if they can be relocated without doing irrevocable damage—a shed, perhaps, or even a mobile home. Personal property encompasses tangible and intangible non-real property.

personal property Usage Examples

Preposition: from

loss: When you form a corporation in Nevada, you protect you bank accounts and personal property from loss.