Personal Property

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Personal property

Any assets other than real estate.

Personal Property

Any property other than real estate. Personal property includes vehicles, computers, furniture, televisions, and so forth. Personal property may be used as collateral on a loan, but it is considered less reliable collateral than real estate because the borrower could default on the loan and then steal or hide the personal property. Obviously, this is impossible with real estate.

personal property

Any property except for real property. Personal property may consist of physical objects, or it may be intangibles such as copyrights, patents, or securities. Personal property is also called personalty.

Personal Property

Generally, all property other than real estate.
References in periodicals archive ?
Any party, who has a legitimate interest on the movable property may object to the registration before summary courts.
The appropriation of such state movable property entails no compensation as does an appropriation of private movable property.
The register of movable property, where information on movable objects will be stored, will allow, for example, any credit institution to check the object before it is accepted as a pledge, whether this object is a collateral object for another loan.
Specifically, Egypt scored only three out of 10 points on the strength of legal rights index, which measures the effectiveness of regulations on non-possessory security interests in movable property.
Speaking about AMFA's current measures to support non-bank credit organizations and entrepreneurs, Hajiyeva stressed the law on the encumbrance of movable property, activities to enlighten entrepreneurs and other measures.
KARACHI -- The anti-encroachment cell of Karachi Municipal Corporation (KMC) here Wednesday removed all concrete as well as movable property raised by intruders around the premises of Aladin Park, one of the city's most visited recreational site.
The Ak-Keme Hotel Ltd required to invalidate actions of court marshal Shakirov, who demanded to provide him with a hotel's statement book, and to prohibit him to conduct inventory and arrest of the movable property of the Ak-Keme Hotel Ltd.
Eight draft laws were prepared managing business procedures for public and private companies, licensing, mortgage finance, private insurance funds and voluntary pensions companies, healthcare firms, financial leasing and movable property registry, the investment ministry said.
Movables - long-term and short-term tangible assets such as: plant and equipment, energy, raw materials and supplies, and any other movable property that is within the property.
A group of specialists of the World Bank and IFC, and representatives of the missions from Uzbekistan and Tajikistan visited Central Mortgage Office at Kyrgyz Ministry of Justice where they studied the system of mortgage registration of movable property.
Contract notice: provision of an electronic platform for auctioning movable property