Each partner in a limited partnership owns a transferable interest in the partnership. This is deemed as personal property.

Name: Each partner in a limited partnership owns a transferable interest in the partnership. This is deemed as personal property.
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Each partner in a limited partnership owns a transferable interest in the partnership, which is considered as personal property. This means that the interest can be bought, sold, or inherited like any other type of property.

Each Partner in a Limited Partnership Owns a Transferable Interest