Which type of property is characterized as movable?

The type of property that is characterized as movable is personal property. This category includes items that can be transported from one location to another without causing damage or altering their nature. Personal property encompasses a wide variety of tangible assets, such as vehicles, furniture, jewelry, and electronics, as well as intangible assets like stocks and bonds.

In contrast, real property refers to land and anything permanently attached to it, such as buildings and structures, which cannot be moved without significant effort and potential alteration. Fixed property is similar to real property and typically refers to assets that are immovable. Land property, specifically, refers to parcels of land itself, which also fall under the definition of real property due to their immovable nature. Thus, personal property is distinct from these types as it involves items that individuals can move freely.