What assets are not included in the personal property inventory?

[niyati]

I’m working on organizing a personal property inventory and got confused about what to include or leave out.

 

[Emly]

Assets not included in a personal property inventory typically include real estate (such as land and buildings), intangible assets (like patents or copyrights), and financial accounts (such as bank accounts, stocks, and retirement funds). The inventory generally focuses on tangible, movable items like furniture, electronics, and jewelry, rather than fixed or financial assets.

 

[jatin]

Real land, intangible assets, and some forms of tangible personal property, such as registered automobiles and home goods used for personal use, are often excluded from personal property inventories.

 

[jainnorton]

Personal property inventories typically exclude real estate, intangible assets (patents, copyrights), vehicles (often listed separately), financial accounts, and permanent fixtures (like built-in appliances). Check insurance policies for specifics.

 

[Samuel]

Intangible assets like patents, trademarks, copyrights, goodwill, and brand reputation, as well as some non-depreciable or non-income-producing items like personal land, collectibles (coins, artwork), personal use vehicles, and investments like stocks and bonds, are typically excluded from a personal property inventory. Physical, tangible objects of value are the main focus of a property inventory.

 

[Rick_Grimes]

Personal property inventory usually covers movable items like furniture, electronics, and jewelry. It does not include real estate (land, houses), vehicles (often insured separately), animals, crops, or intangible assets like stocks and bonds.

 

[Gsusangrey]

A personal property inventory typically excludes intangible assets (like digital media or stocks), permanently installed fixtures, most vehicles, and real estate itself. It's designed for movable household goods, not high-value or titled assets that are often listed separately for insurance purposes.

 

[peterkavinsky]

Assets not included in a personal property inventory are typically items like real estate, land, buildings, vehicles registered with the state, bank accounts, stocks, bonds, retirement accounts, and other financial assets. The inventory usually covers only movable personal belongings such as furniture, electronics, jewelry, and household goods.

 

[brook]

Personal property inventory does not include land, real estate, vehicles and financial accounts. Intangible assets such as stocks, bonds and copyrights are also not listed. This inventory mostly covers movable things such as furniture, clothing, jewelry and electronics.

 

[Lucky]

Personal property inventory typically excludes assets like real estate, land, vehicles titled in someone else’s name, intangible assets such as stocks and bonds, bank accounts, and business property. It generally covers movable possessions such as furniture, electronics, jewelry, and clothing. Exclusions vary depending on insurance or legal requirements, so reviewing policy details is recommended.