What is the difference between tangible, intangible, and real property?
Property can be divided into three categories. Tangible property refers to physical items that can be moved, such as jewelry, cars, boats, paintings, clothing, furniture, and coin collections. Intangible property refers to a “right” rather than a physical object. Examples include stock certificates, bonds, bank accounts, and cash. Finally, real property refers to land and the buildings or improvements permanently attached to it.
