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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 Arizona, personal property is defined as property that is not permanently attached to or part of real estate. This includes a wide range of movable and tangible items such as money, goods, furniture, motor vehicles, animals, and personal effects. Intangible assets like stocks, bonds, patents, copyrights, and personal annuities are also considered personal property. Arizona law governs various aspects of personal property, including the acquisition, ownership, transfer, and taxation. For instance, personal property tax is applicable to certain items, and there are specific statutes that address the treatment of personal property in situations such as bankruptcy, probate, and divorce. It's important to note that the classification of property can affect legal rights and responsibilities, including how property is divided or transferred upon the owner's death or in legal disputes. An attorney can provide specific guidance on how personal property is treated under Arizona law and assist with related legal matters.

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Personal property

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Arizona State Code

Arizona State Code

Personal property

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