What is Personal property?
'''Personal property''' means [[property]] that consists of [[wikt:object|object]] that can be moved from one place to another. In the [[common law]] systems personal property may also be called '''chattels'''. There it is distinguished from [[real property]], or [[real estate]]. In the [[civil law (legal system)|civil law]] systems personal property is often called [[movable property]] or movables - any property that can be moved from one location to another. This term is in distinction with immovable property or immovables, such as land and buildings. A machinery, which can be dismantled and moved to a new place, which is installed in a building falls into which category. ==Related pages== * [[Constitution]] * [[Constitutional economics]] * [[Political economy]] {{stub}} [[Category:Property]]