Personal property in the context of "Property damage"

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⭐ Core Definition: Personal property

Personal property is property that is movable. In common law systems, personal property may also be called chattels or personalty. In civil law systems, personal property is often called movable property or movables—any property that can be moved from one location to another.

Personal property can be understood in comparison to real estate, immovable property or real property (such as land and buildings).

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Personal property in the context of Democracy

Democracy (from Ancient Greek: δημοκρατία, romanizeddēmokratía, from dēmos 'people' and krátos 'rule') is a form of government in which political power is vested in the people or the population of a state. Under a minimalist definition of democracy, rulers are elected through competitive elections while more expansive or maximalist definitions link democracy to guarantees of civil liberties and human rights in addition to competitive elections.

In a direct democracy, the people have the direct authority to deliberate and decide legislation. In a representative democracy, the people choose governing officials through elections to do so. The definition of "the people" and the ways authority is shared among them or delegated by them have changed over time and at varying rates in different countries. Features of democracy often include freedom of assembly, association, personal property, freedom of religion and speech, citizenship, consent of the governed, voting rights, freedom from unwarranted governmental deprivation of the right to life and liberty, and minority rights.

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Personal property in the context of Slavery in ancient Greece

Slavery was a widely accepted practice in ancient Greece, as it was in contemporaneous societies. The principal use of slaves was in agriculture, but they were also used in stone quarries or mines, as domestic servants, or even as a public utility, as with the demosioi of Athens.

Modern historiographical practice distinguishes between chattel slavery slavery (where the slave was regarded as a piece of property, as opposed to a member of human society) and land-bonded groups such as the penestae of Thessaly or the Spartan helots, who were more like medieval serfs (an enhancement to real estate). The chattel slave is an individual deprived of liberty and forced to submit to an owner, who may buy, sell, or lease them like any other chattel.

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Personal property in the context of Slavery in the colonial history of the United States

The institution of slavery in the European colonies in North America, which eventually became part of the United States of America, developed due to a combination of factors. Primarily, the labor demands for establishing and maintaining European colonies resulted in the Atlantic slave trade. Slavery existed in every European colony in the Americas during the early modern period, and both Africans and indigenous peoples were targets of enslavement by Europeans during the era.

As the Spaniards, French, Dutch, and British gradually established colonies in North America from the 16th century onward, they began to enslave indigenous people, using them as forced labor to help develop colonial economies. As indigenous peoples suffered massive population losses due to imported diseases, Europeans quickly turned to importing slaves from Africa, primarily to work on slave plantations that produced cash crops. The enslavement of indigenous people in North America was later replaced during the 18th century by the enslavement of black African people. Concurrent with the development of slavery, racist ideology was developed among Europeans, the rights of free people of color in European colonies were curtailed, slaves were legally defined as chattel property, and the condition of slavery as hereditary.

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Personal property in the context of Real estate

Real estate is a property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. In terms of law, real relates to land property and is different from personal property, while estate means the "interest" a person has in that land property.

Real estate is different from personal property, which is not permanently attached to the land (or comes with the land), such as vehicles, boats, jewelry, furniture, tools, and the rolling stock of a farm and farm animals.

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Personal property in the context of Real property

In English common law, real property, real estate, immovable property or realty, refers to parcels of land and any associated structures which are the property of a person. For a structure (also called an improvement or fixture) to be considered part of the real property, it must be integrated with or affixed to the land. This includes crops, buildings, machinery, wells, dams, ponds, mines, canals, and roads. The term is historic, arising from the now-discontinued form of action, which distinguished between real property disputes and personal property disputes. Personal property, or personalty, was, and continues to be, all property that is not real property.

In countries with personal ownership of real property, civil law protects the status of real property in real-estate markets, where estate agents work in the market of buying and selling real estate. Scottish civil law calls real property heritable property, and in French-based law, it is called immobilier ("immovable property").

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