What constitutes personal property?

Personal property is defined as movable items that are not permanently attached to real estate. This includes items like furniture, equipment, and vehicles, which can be relocated without causing damage to the property. The key characteristic that distinguishes personal property from real property is its mobility; if an item can be moved without impacting the structure of the land or building, it is considered personal property.

The rights to use land relate more to legal entitlements rather than physical items, so it does not fall under the definition of personal property. Improvements made to land, such as buildings or landscaping, are considered real property because they are fixed to the land and enhance its value. Permanent fixtures, like built-in appliances or light fixtures, are also classified as part of the real estate because they are affixed to the property and cannot be easily moved. Thus, only movable items that are not attached to the land or structures qualify as personal property.