Select your state

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 Oklahoma, personal property is defined as any property that is not real property (land and buildings). This includes movable and tangible items such as money, goods, furniture, motor vehicles, animals, and other items that can be owned and transferred. Intangible assets like stocks, bonds, patents, copyrights, and personal annuities are also considered personal property. The state has specific statutes that govern the taxation, transfer, and inheritance of personal property. For example, personal property is subject to ad valorem tax, which is a property tax based on the value of the property. When transferring personal property upon death, Oklahoma law requires adherence to estate and probate regulations. Additionally, certain transactions involving personal property may be subject to sales tax. It's important to consult with an attorney to understand the specific legal implications and requirements for handling personal property in Oklahoma.

Legal Articles

State Statutes

consumer goods

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

implied warranties in leases of goods implied warranty in repairs

repossession of property

Individual & Family Legal Plan

As a LegalFix member, you'll get expert legal services from a local law firm that treats you like an important client. Don't wait—be prepared for life's inevitable legal challenges starting today. And ask your employer, credit union, or membership group about preferred pricing opportunities.

Personal property

Individual & Family Legal Plan

Articles

Oklahoma State Code

Oklahoma State Code

Personal property

Articles