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What is Jersey Movable Property?

Jersey Movable Property

If you are not quite sure what Jersey movable property consists of please scroll down understand the difference

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What is Jersey Movable Property?

Jersey Movable property is also sometimes referred to as meuble, movables, movable estate or personal estate.

Jersey Movable property includes such items as money, furniture, jewellery, cars and paintings as well as intangible assets such as shares (including shares of a property-holding company, through which ownership of shares guarantees occupation of a particular flat or unit) and insurance policies.

The definition of movable property does not however include freehold land and buildings, leases of over 9 years or hypothecs (charges over property). Under Jersey law these are categorised as immovable property and treated differently for succession purposes.

 

Parslows Jersey can help

We know that Jersey businesses have to carefully manage their budget. If we consider a client can resolve a matter without the services of one of our lawyers or if we can provide succinct advice in the right direction, we will say so. Whether we’re advising a Jersey start-up company or an established Jersey business, we always start and end with what is in your commercial interest.

Parslows Jersey Business Legal Services team is small enough to care but big enough to trust.


Please note that the information provided on this website is for general information purposes only and is designed to provide you with an outline of the legal services we offer.  Whilst we endeavour to ensure our information is correct and useful, we make no representations or warranties regarding the accuracy or completeness of the information offered.  Information on our website does not constitute legal advice and Parslows Jersey accepts no liability for any loss or damage arising out of, or in connection with, the information found in this website.  Please consult a lawyer at Parslows Jersey in the event that you require professional assurance that our information, and your interpretation of the same, is correct

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