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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 Massachusetts, 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 intellectual property rights like stocks, bonds, patents, and copyrights. Personal property is subject to different regulations and laws than real property. For example, personal property can be taxed through a personal property tax, which is separate from real estate taxes. Additionally, the transfer, sale, and inheritance of personal property are governed by different statutes and regulations. When it comes to legal disputes or transactions involving personal property, specific rules apply regarding the ownership, transfer, and taxation of these items. It's important for individuals and businesses to understand these rules to ensure compliance with state laws and to protect their property rights.

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

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Personal property

Individual & Family Legal Plan

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Massachusetts State Code

Massachusetts State Code

Personal property

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