What type of items are typically classified as personal property?

Personal property refers to movable items that are not permanently attached to or associated with real estate. This classification typically includes tangible items that are used for personal or commercial purposes, such as vehicles, furniture, and equipment. These items are distinct from real property, which consists of land and buildings, and from public infrastructure, which refers to facilities like roads, bridges, and utilities built for public use.

Personal property generally encompasses both personal use items, like household furniture, and business use items, such as machinery or office equipment. This classification is important for tax purposes, as personal property can be subject to local taxes separate from real property.

While patents and trademarks are intellectual property, they are not considered personal property in the traditional sense. They represent rights to inventions and branding rather than physical items that can be moved or transferred. Understanding these distinctions can help clarify the types of assets that fall under personal property classifications in property tax administration.