Question: Why is there no comprehensive system for publicly registering title to personal property? Personal property is often intangible and therefore cannot be registered. Personal property
Why is there no comprehensive system for publicly registering title to personal property?
Personal property is often intangible and therefore cannot be registered.
Personal property can be owned by many individuals at the same time and registration would lead to confusion.
Personal property is often highly mobile and may be of low value.
Personal property cannot be registered because it does not always have a serial number.
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