What is the difference between real property and personal property?

What is the difference between real property and personal property?

real estate

Real - Real Estate (land and buildings attached to the land Personal Property - Everything else.

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Real property is most anything involving land and buildings. Personal property is everything else that a person owns - vehicles, clothes, jewelry.

realtor

Real Property refers to land and things permanently attached to the land. Personal property generally refers to everything else: the items which are movable and not a part of the land.

For example, I own 40 acres, named (as all law students know) Blackacre. I build a house and a yard barn on the property, and park my car in the yard. When I sell the "real estate", I can take the car, but I cannot take the barn and house (if that were somehow physically possible), because they've become "fixed" to the land, and pass with the land. Likewise, when the house and land is sold, I can take my tv and sofa out of the house, but I can't remove the cabinets, because they've become fixed to the house, which is fixed to the land, which means it passes with the land.


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