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
Damage to the building and personal property is estimated at $45,000.
Business owners are required by law to fill what's called a business personal property rendition, which is due on April 15.
The city offered to let Amazon operate for 30 years without paying real estate and personal property taxes and a variety of other local taxes, according to a report in Crain’s Detroit Business.
For more extensive repairs, the U.S. Small Business Administration provides low-interest loans up to $200,000 and $40,000 for personal property, at 1.75 percent interest, said spokesman Bill Koontz.
The misdemeanor charges accused them of injury to personal property over $200, injury to real property, and defacing or injuring a public monument.
Stambleck: And usually any personal property that directly relates to that person stays with him or her.
Locklear faces charges for first degree murder, robbery with a dangerous weapon, and a charge of burning of personal property.
According to the Crain's report, the state of Michigan offered to let Amazon skip out on paying any real estate and personal property taxes for 30 years.
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.
First Known Use of personal property
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
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