Personal property

Personal property is one of the two classes into which all property may be divided. The other class, called real property, consists of such immovable objects as land and the houses, trees, and other objects attached to land. Personal property includes all other kinds of property, such as furniture, livestock, and harvested crops. The transfer of personal property is easier than the transfer of real property. Real property must be transferred in writing, but personal property may be transferred orally.