real and personal property


real and personal property

Basic types of property in English common law, roughly corresponding to the division between immovables and movables in civil law. Real property consists of land, buildings, crops, and other resources, improvements, or fixtures still attached to the land. Personal property is essentially all property other than real property, including goods, animals, money, and vehicles.

This entry comes from Encyclopædia Britannica Concise.
For the full entry on real and personal property, visit Britannica.com.

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