### Question
Can you define what personal property means?


### Answer
**Personal property** is defined as the following 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 41-CONSUMER CREDIT PROTECTION > SUBCHAPTER I-CONSUMER CREDIT COST DISCLOSURE > Part E-Consumer Leases**

