Tangible Personal Property

All property that can be touched and moved. This includes a variety of types of possessions, including personal effects, furniture, jewelry and antiques. Tangible personal property is distinguished from two other common forms of property: intangible personal property, and real property. Intangible personal property is property that has no physical substance but instead represents something of value. Examples of intangible personal property include cash, stock certificates, bonds, and insurance policies. Tangible personal property is also distinguished from real property, which includes land and items permanently affixed to land, such as houses, condominiums, and other buildings.