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What is the characteristic of personal property?
It is immovable
It is associated with the land
It is moveable
It includes permanent structures
The correct answer is: It is moveable
Personal property is any physical property that can be easily moved, such as furniture, artwork, or vehicles. Option A, being immovable, would make the property considered real estate rather than personal property. Option B, being associated with land, would also make the property considered real estate and not personal property. Option D, including permanent structures, would also make the property considered real estate since permanent structures are not easily movable. Therefore, the characteristic of personal property is that it is moveable.