Personal Property FAQs:


Q: Is a personal property generally considered property that is movable?

A: Yes, as opposed to real property or real estate.

Q: Is a personal property extremely important?

A: Yes.

Q: Is a personal property also significant in some of the jurisdictions which impose sales taxes?

A: Yes.

Q: Is a personal property often called movable property or movables – any property that can be moved from one location to another?

A: Yes.

Q: Is a personal property considered to be exactly equivalent?

A: Yes.