Let's take a look at Personal Property as it compares to Real Property . This is a topic that comes up a lot when a real estate transaction gets difficult and the two parties (buyer and seller) begin to argue over what stays in the house and what doesn't according to the contract and law.

Personal property is defined as all Real property that can be owned and does not fit the definition of real property. In other words, if it is not real property then it is real property search maryland . An important distinction between the two is that personal property is movable. Personal property is also referred to as chattels. For those of you who like to work on expanding your vocabulary.

Next let's look at some examples of Real property including manufactured housing, plants, crops, and classifications of fixtures. http://www.reachrealproperty.com/