Legal Definitions - mixed property

Mixed property refers to a type of property that includes both real property (like land or a building) and personal property (like furniture or equipment). It is a combination of different types of property rights that a person can have.

For example, a person who owns a house and also runs a business from that house would have mixed property. The house is real property, while the business equipment is personal property.

Another example of mixed property is a car that is used for both personal and business purposes. The car itself is personal property, but the business use of the car gives the owner a mixed property interest.

Overall, mixed property is a combination of different types of property rights that a person can have, and it can be found in various situations where a person has both real and personal property interests.