Examples of Personal Property

A good is an object, property or property that has a certain economic value and whose purpose is to satisfy a desire or need.

The movable property are all those tangible and intangible assets that can be transferred from one place to another without losing their integrity or functionality. For example: an appliance, a movie, a pair of shoes. This differentiates them from real estate, which cannot be moved, since they are portions of land or buildings.

Movable goods are part of the market and are goods that can be bought, sold and exchanged.

Movable property in law

Generally, the concept of “personal property” is used to designate personal or business objects in legal or commercial documents.

Some personal property needs to be entered in a register. For example: vehicles of all kinds, the purchase of weapons for personal defense, the purchase of a work of art made by a recognized painter.

The branches of law classify movable property in different ways:

For civil law, movable property that is attached to a real estate is part of it. That is, the doors, windows, tiles that are part of a home are considered part of the property.

For criminal law, movable property that is part of real estate is considered movable property because it can be stolen.

Examples of movable property

Property

A good is considered to be property when its transfer from one place to another is not possible. The term designates those constructions that are on land. For example: a house, a factory, a place, a building. They are part of the market and are goods that can be bought, sold and exchanged.