Personal Property
Definition of "Personal property"
Assets owned by an individual as part of his or her estate except for land and everything attached to the land. Personal property may be either tangible, having physical substance such as an auto and furniture, or intangible, lacking physical substance such as stocks, bonds, etc.
Popular Real Estate Terms
Decline in the credit status of a prospective homebuyer. ...
Dry ravine formed by water runoff. ...
How much of an investment made in real estate has been recovered expressed in dollars or in percentage terms. ...
Residential structure designed to house more than one family. Smaller multifamily housing units include duplexes, triplexes, and quadriplexes. Larger multifamily housing is normally termed ...
Fibrous, fire-proofing material that was used in buildings and homes for insulation. ...
fee to use a bridge or tunnel. Fee assessed to use someone else's property. ...
Circumstance where no people or contents occupy or are kept in a building for at least 60 consecutive days. The same stipulations apply to property coverages as found in unoccupancy. ...
One-time charge assessed by a bank or other financial institution at the closing of buying real property. The fee increases the effective cost to the borrower. One discount point translates ...
Guarantee by a seller to a buyer to satisfy, for a specified time period, problems in the quality or performance of items within the home. There is usually no additional charge during the ...
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