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Personal property

Personal property includes all movable and tangible things that are not real property—such as money, goods, furniture, motor vehicles, animals, stocks, bonds, patents, copyrights, merchandise, and personal annuities.

In Alaska, personal property is defined as any movable or tangible item that is not considered real property. This includes a wide range of items such as money, goods, furniture, motor vehicles, animals, and various types of securities like stocks and bonds. Intellectual property rights such as patents and copyrights, as well as personal annuities, are also classified as personal property. The state has specific regulations governing the taxation, transfer, and inheritance of personal property. For instance, Alaska does not have a state sales tax, but some local jurisdictions may impose their own sales taxes on the purchase of personal property. Additionally, Alaska does not have a state income tax, which means personal property like stocks and bonds are not taxed at the state level. However, personal property can be subject to federal taxes and other regulations. When it comes to estate planning and probate, personal property is handled according to Alaska's inheritance laws, which may require the assistance of an attorney to navigate.

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express warranties in leases of goods express warranties in sales of goods

implied warranties in leases of goods implied warranty in repairs

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Personal property

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Alaska State Code

Alaska State Code

Personal property

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