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Personal property is property owned by an individual that is movable. This includes most things that individuals own with the exception of immovable physical things such as land, houses, fixtures and land improvements. Personal property includes tangible things such as clothing that are physical. It also includes intangible things such as a bank account balance or your professional reputation. The following are common examples of personal property.
Appliances | Art | Bank Deposits | Boats | Bonds | Books | Clothing | Collectables | Copyrights | Decorative Items | Equipment | Footwear | Furniture | Hobby Supplies | Housewares | Instruments | Investment Plans / Accounts | Jewelry | Life Insurance | Machines | Materials | Mobile Devices | Musical Instruments | Partnership Interests | Patents | Pensions | Precious Metals | Prepaid Expenses | Relational Capital | Reputation | Securities | Small Business Equity | Software | Sporting Goods | Stocks | Supplies | Tools | Toys | Trademarks | |
Fixtures that are physically attached to a property are usually considered part of that property and not personal. For example, an air conditioning unit can be viewed as attached to a home and not personal property.
Personal Property
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