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
damagea 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.
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