Which of the following best describes personal property?

Personal property is best described as items that are typically removable during a sale. This includes belongings such as furniture, appliances, and vehicles that are not permanently attached to the property. Personal property contrasts with real property, which refers to land and anything permanently affixed to it, such as buildings and structures.

The emphasis on items that are removable is key to understanding personal property, as it signifies the distinction between what is considered part of the real estate and what is not. When a property is sold, personal property is generally not included unless specifically stated in the purchase agreement. This highlights the temporary nature of personal property in relation to real estate transactions.

In contrast, the other choices present misunderstandings about personal property. While immovable items relate to real property, personal property is characterized by its mobility. Legal ownership documents do not typify personal property itself but rather represent the rights to ownership. Furthermore, personal property does not inherently enhance property value; its value can vary widely based on market demand and condition, independent of the real estate itself.