📦 What Is Personal Property? Definition & Examples

Personal property refers to movable items that are not permanently attached to land or a home. Unlike real property, personal property can be taken with the owner when they move because it is not fixed or integrated into the structure.

How Personal Property Works

Personal property includes any belongings that are not permanently installed, built-in, or attached to the land or structure. These movable items can be easily relocated without altering the home or affecting the land itself.

Personal property typically includes:

  • Furniture and decor
  • Appliances not built into the home (refrigerators, washers, dryers)
  • Electronics and entertainment systems
  • Tools, equipment, and outdoor items
  • Vehicles, trailers, and recreational items
  • Personal belongings and household goods

Because it is movable, personal property is generally excluded from real estate transactions unless specifically written into the contract.

Why Personal Property Matters

In Real Estate Transactions:

  • Determines what stays with the home and what the seller can remove
  • Affects contract negotiations and sales agreements
  • Helps prevent disputes over furniture, appliances, or equipment
  • Clarifies what is considered a “fixture” vs. a movable item

Examples of personal property vs. real property:

  • Freestanding refrigerator = personal property
  • Built-in dishwasher = real property
  • Movable patio furniture = personal property
  • Permanently attached pergola = real property
  • Portable tools = personal property

Example of Personal Property in Action

A buyer assumes the stainless steel refrigerator will remain with the home. However, because it is not built in, it is considered personal property and the seller may take it unless the contract states otherwise. A wall-mounted TV bracket, however, is often considered a fixture and may remain as part of the real property.

Why Personal Property Matters for FSBO Sellers

  • Helps avoid disagreements about items the seller plans to take
  • Clarifies what must be written into the purchase contract
  • Ensures the MLS listing accurately reflects included items
  • Improves communication with buyers during showings

Understanding the difference between personal and real property allows FSBO sellers to negotiate more effectively and reduce the risk of disputes.

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