---
title: Personal Property
description: A type of property which, in its most general definition, can include any asset other than real estate. Read more about Personal Property and real estate.
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Personal Property](https://www.realized1031.com/glossary/personal-property)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jul 18, 2022 5:14:00 PM

A type of property which, in its most general definition, can include any asset other than real estate. The distinguishing factor between personal property and real estate is that personal property is movable. That is, the  
 asset is not fixed permanently to one location as with real property such as land or buildings. An example of personal property could be office furniture.

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