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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 Mississippi, personal property is defined as any property that is not real estate, which means it includes movable and tangible items such as money, goods, furniture, motor vehicles, animals, stocks, bonds, patents, copyrights, merchandise, and personal annuities. Personal property is subject to personal property tax, which is assessed by the county tax assessor where the property is located. The state's Department of Revenue oversees the taxation process and provides guidelines for the assessment and taxation of personal property. Additionally, personal property is governed by various state statutes that address the acquisition, ownership, transfer, and inheritance of such property. For instance, the Mississippi Uniform Commercial Code (UCC) regulates transactions involving personal property, such as sales and secured transactions.

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

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Personal property

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Mississippi State Code

Mississippi State Code

Personal property

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