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  Home > Law > Law glossary > Law glossary

personal property

Last modified: Thu Feb 23 16:37:37 2006

Personal property is historically a right over anything moveable, and now usually includes anything other than interests in land, and fixtures and buildings on land. See RealAndPersonalProperty for a more detailed discussion. Personal property may be tangible (e.g., a car or a book) or intangible. An intangible element of personal property is usually called a ThingInAction, or (particularly in property law) a `chose in action'.

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