### Question
What is the definition of personal property?


### Answer
The definition of **personal property** is as follows in *15 U.S.C. § 1667*:

> any property which is not real property under the laws of the State where situated at the time offered or otherwise made available for lease

#### Citation:
  - *15 U.S.C. § 1667*
  - Heading: **CHAPTER 40-DEPARTMENT OF COMMERCE > SUBCHAPTER I-CONSUMER CREDIT COST DISCLOSURE > Part E-Consumer Leases**

