What type of property is included in the term "personal property"?

The term "personal property" refers to movable items that are not permanently affixed to or associated with the land. This includes tangible assets such as furniture, vehicles, appliances, and any other possessions that can be moved from one location to another.

In contrast, the other options involve real property or immovable assets. For instance, land and buildings represent real estate, which is fixed in place and characterized as real property. Public parks also fall into the category of real estate, as they are land set aside for public use and not subject to being transported like personal items. Lastly, "all forms of real estate" emphasizes the immovable nature of properties, again distinguishing them from personal property. Thus, the focus on movable items like furniture and vehicles accurately represents the definition of personal property.