Types of Property:

     This page is continued from Property:

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real property – land and anything growing on, attached to, or erected on it, excluding anything that may be severed without injury to the land.  aka realty; real estate.

  • immovable property – land, and objects so firmly attached that they are regarded as part of the land.

personal property – any movable or intangible thing that is subject to ownership and not classified as real property: i.e. money, goods, chattels, movables, a right of action, evidence of debt, stock, bond, mortgages. — aka personality; personal estate; movable estate; (in plural) things personal.

  • intangible movable – a physical thing that can be moved but that cannot be touched in the usual sense, such as a legal right, light, electricity, and radioactive waves.
  • chattel – movable, tangible property.
    • personal chattel – a tangible good or an intangible right (such as a patent).
    • real chattel – an interest in real property that is less than a freehold or fee, such as an estate for years in land (i.e. a leasehold).
    • bond – a written promise to pay money or do some act if certain circumstances occur or a certain time elapses.

intellectual property – intangible rights protecting commercially valuable products of the human intellect.

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