Examlex
Practical capacity reflects:
Personal Property
Assets that are movable and not fixed permanently to one location, such as furniture, vehicles, and stocks, as opposed to real estate or land.
Ownership Rights
Legal rights and claims that one has over property or assets, allowing them to use, manage, and dispose of them as they see fit.
Personal Property
Assets that are movable and not permanently attached to one location, such as furniture or vehicles.
Real Property
Land and anything permanently affixed to it, such as buildings, fences, and those things attached to the buildings.
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