====== Personal Property ======

**Personal property** is **movable property** that is **not permanently attached** to land or buildings.

===== Key Characteristics =====
  * **Movable** and not fixed to real estate
  * Also called **chattel**
  * Ownership transfers by **bill of sale**, not a deed
  * Does **not run with the land**

===== Examples =====
  * Furniture
  * Appliances (freestanding)
  * Vehicles
  * Clothing
  * Tools
  * Curtains and rugs

===== Personal Property vs Real Property =====
  * **Personal Property**
    * Movable
    * Not permanently attached
    * Transferred by bill of sale

  * **[[Real Property]]**
    * Land and permanent improvements
    * Transferred by deed

===== Fixtures (Exception) =====
  * Items that were once personal property but became real property
  * Determined using the **MARIA test**
    * **M**ethod of attachment
    * **A**daptability
    * **R**elationship of the parties
    * **I**ntention
    * **A**greement

===== Exam Tip =====
  * If it can be removed **without damage**, it’s likely personal property
  * Always check the **purchase agreement** for included items