Examples of personal property in a Sentence
any personal property that is left in the lockers overnight will be impounded
Recent Examples of personal property from the Web
Grants may also be available for repairing or replacing damaged or destroy personal property and medical and dental expenses.
Business personal property and some real property accounts may have later protest deadlines.
Bexar County has seized 17 vehicles from the company to collect on about $294,000 in personal property taxes owed from 2015 to 2017.
Nash's criminal record includes convictions for stealing personal property in 1993 and forgery in 2000, and a court-martial in 1996 for distributing drugs, the affidavit said.
The heroin was found on Spencer’s personal property, Chitwood said.
Require payment to examine the vehicle or remove personal property.
Raúl Castro created the idea of personal property, which led to a rudimentary real estate market, car sales, and even a Cuban version of eBay.
The vehicles were seized by the county as part of ongoing efforts to recoup about $294,000 in unpaid personal property taxes from 2015 to 2017.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'personal property.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
personal property Synonyms
Financial Definition of PERSONAL PROPERTY
What It Is
Personal property is a class of property that can be moved from one location to another.
How It Works
Generally, real property is a class of property that cannot be moved. It includes land and buildings, for example. Personal property typically includes furniture, fixtures, tools, vehicles, and machinery and equipment. All of these items can be moved.
Why It Matters
Many states impose a personal property tax on individual and business personal property. These personal property taxes are particularly important to consider, especially when comparing state corporate tax rates. Some states offset their low corporate tax rates and even low real estate tax rates with higher personal property taxes. As a result, it is important to consider the whole tax bill when evaluating state tax rates.
Seen and Heard
What made you want to look up personal property? Please tell us where you read or heard it (including the quote, if possible).