What is tangible personal property

John Smith28 Jul, 2022Business

What Is Tangible Personal Property? - Real estate, mobile homes, and other real property are tangible personal properties. While real estate is not considered tangible personal property, money is. In addition to being normal legal tender, money is also a tangible asset. Money can also be found in the form of deeds and promissory notes. The term "tangible personal property" applies to a wide variety of different types of property. Here are some examples. Read on to discover which types of property are tangible.