What is the legal definition of personal property?
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Works at the International Air Transport Association, Lives in Montreal, Canada.
The legal definition of personal property is --anything besides land that may be subject to ownership--. Thus, the main characteristic of personal property is that it is movable, unlike real property or real estate. There are two basic types of personal property: tangible and intangible.
2023-05-14 23:44:00
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The legal definition of personal property is --anything besides land that may be subject to ownership--. Thus, the main characteristic of personal property is that it is movable, unlike real property or real estate. There are two basic types of personal property: tangible and intangible.