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A brokerage account is considered personal property, not real property. Personal property refers to movable assets that are not attached to land or buildings, while real property pertains to land and anything permanently affixed to it. The securities and cash held within a brokerage account are classified as personal property because they can be bought, sold, or transferred independently of real estate.
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How is real property different from personal property?
The difference between personal property and real property is that personal property can depreciate faster than improvement made on real property.
Are Fructus Industriales real property or personal property?
Personal Property
Is your house real or personal property?
Real Property
If a fixture is permanently affixed to real property is it the personal property of the owner?
anything afixed to land is real property . personal property is that ,that is moveable such as a fridge or stove since they are pluged into a socket and are movable they are considered personal property .
Is a 1990 Ford Mustang real property or personal property?
Personal, real is limited to real estate only
What defines personal property?
Personal Property is property that is not real property nor property that is attached to the land.
Is a airplane considered real property or personal property?
An airplane is considered personal property.
Is Investment Account a Real Account?
it is a personal account
Is investment account real account?
it is a personal account
What are the laws on property abandonement?
Real property or personal property?
Is capital account is personal account or real account?
Capital account as well as Drawings account are Personal accounts !!!
Is bank account is real account or personal account?
see first tell me wat is bank overdraft..... its is real or personal... ans.personal...every bank a/c is personal a/c.. and though bank is payable or receivable its is personal a/c only....
