Encyclopedia Encyclopedia: ABCDEFGHIJKLMNOPQRSTUVWY
Term Definition Personal Property - property, both tangible and intangible, including but not limited to, cash, savings accounts, checking accounts, stocks, bonds, jewelry, antiques, collectibles and pets.
Application in Divorce The term personal property does not include real estate or that which is affixed to it.

The personal property of individuals may be separate or marital and subject to distribution in a divorce.