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 Louisiana, personal property is defined as movable property, which contrasts with immovable property, or real estate. Personal property encompasses a wide range of items including money, goods, furniture, motor vehicles, animals, and intangible assets such as stocks, bonds, patents, copyrights, and personal annuities. Louisiana's Civil Code provides the legal framework for personal property, including acquisition, ownership, and transfer. The state's laws also address the rights and responsibilities of parties in transactions involving personal property, as well as remedies and procedures for resolving disputes. It's important to note that Louisiana's legal system is based on civil law, rather than common law, which makes its legal principles somewhat distinct from those in other U.S. states.