Individual Property Examples

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Individual Property Examples:

Examples of tangible personal property include vehicles, furniture, boats, and collectibles. Personal property can be intangible, as in the case of stocks and bonds. Just as some loans mortgages, for example are secured by real property, such as a house, some loans are secured by personal property. 


What are the individual properties?

Individual Property means each parcel of real property, the Improvements thereon and all Personal Property owned by Mortgage Borrower and encumbered by a Mortgage, todether with all rights petaining to such Property and Improvements, as more particulary described in each Mortgage and referred to therein as the "Property". 


What are  examples of property?

Examples of property, which may be tangible or intangible, include automotive vehicles, industrial equipment, furniture, and real estate-the last of which is often referred to as ''real property''. Most properties hold current or potential monetary value and are therefore considered to be assets.

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