What is primarily included under the umbrella of personal property?

Personal property refers to items that are movable and not permanently attached to or integrated into real estate. This category encompasses a wide range of tangible items that individuals or businesses can own, including movable furniture and electronics. They can be relocated without altering the structure of the property, which is a key feature distinguishing them from real property.

In contrast, in-ground swimming pools and land fixtures like trees and shrubs are considered real property because they are permanently affixed to the land and cannot be removed without significant effort or expense. Buildings that are not habitable also fall under real property, as they remain attached to the land and are part of the immovable assets associated with real estate. Understanding these distinctions is essential for anyone engaged in lease and title analysis, as it impacts ownership rights and responsibilities regarding personal versus real property.