Personal Property

What is Personal Property?

Personal Property meaning Generally, possessions or interests which are not real property or a right or interest in an estate in real property which is less than a freehold, but which are easily transported or stored, e.g. cars, boats, furniture, tools, bank accounts, etc. Personal property may also include a claim in a lawsuit, a bankruptcy action, an insurance claim, a retirement fund, or an estate in probate.

 

reference: California Department of Child Services

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