Property is divided into real property and personal property. The distinction between these two kinds of property is in some respects a very artificial one; this being mainly due to the connection of the laws of property with the Feudal System. The distinction will be more fully treated under the subject of Real Property.2 In general, it may be said, that real property includes immovable objects, "lands, tenements, and hereditaments/' and all interests in them which in quantity amount to a life estate or greater. Personal property includes all immovable objects, all interests or rights in immovable objects, intangible rights such as choses in actions, and estates or interests in real property less than a life estate. A great deal of the confusion existing on this subject arises from the use of the term "property" both to describe the tangible object itself and the interest which a person has in such property.

2 Volume VI, Subject 17.