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Property is frequently defined as the rights of a person with respect to a thing. The difficulties with this definition have long plagued legal theorists. The same problem of definition occurs in non-Western societies as well. In Russia, for example, the word property (sobstvennost) can have various meanings.
Definition of PERSONAL PROPERTY: The belongings of an individual, excluding any real estate property or other buildings. Generally includes tangible and intangible assets of an The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed.