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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 New Hampshire, personal property is defined as any movable or tangible item that is not considered real estate. This includes a wide range of items such as money, goods, furniture, vehicles, animals, and various types of financial instruments like stocks and bonds. Intellectual property rights such as patents and copyrights are also considered personal property. The state has specific statutes that govern the taxation, transfer, and inheritance of personal property. For example, New Hampshire imposes a tax on personal property that is used in a business. When it comes to the transfer of personal property, the state follows the Uniform Commercial Code (UCC) which regulates commercial transactions. Additionally, personal property is subject to estate laws in the event of an individual's death. It is important for individuals to understand how personal property is classified and regulated in New Hampshire, especially when it comes to estate planning, buying or selling personal property, or resolving disputes over personal property ownership.

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Personal property

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Personal property

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