Personal property are items that are generally moveable and do not go with the real estate. Personal property can be turned into real property (such as in a fixture) it can be alienated (you can get rid of it) and it can be hypothecated (pledged as collateral to secure a loan).
Not subscribed to our Question of the Day?
Click Here To Join.
Leave nothing to chance when it comes to your new career
Join the 300,000+ students who chose PrepAgent for their real estate exam prep.
Under certain US state laws, you have the right to opt out of the sale or sharing of your personal information. While we do not sell your personal information, we do share it with our partners to deliver personalized ads across different websites and apps.
Your privacy is a priority for us. You can manage your privacy preferences below. Switching the toggle to “OFF” or gray indicates “Do not sell or share my personal information”
We may sell or share your personal information on this website:
*Please note: This setting will be saved for this browser. If you use a different browser or clear your cookies, you will need to set your preference again.