WALLERCOUNTYAPPRAISALDISTRICT

90013THSTREETPOBOX887
HEMPSTEAD,TEXAS774450887
(979)9210060
(979)9210377(FAX)

www.wallercad.org

RE:2016BPPRENDITION

DearBusinessOwner/Agent:

Attachedisthe2016CONFIDENTIALBUSINESSPERSONALPROPERTYRENDITIONOFTAXABLE
PROPERTYfortheabovereferenceaccount.Thisformisusedinrendering,pursuanttoTaxCode
Section22.01,tangiblepersonalpropertyusedfortheproductionofincomethatyouownormanage
andcontrolasafiduciaryonJan.1ofthisyear.Pleasecontactthisofficeifyounolongerownor
controlbusinesspersonalpropertyinthiscountyasofJan1,2016.

ThisrenditionmustbefilledoutcompletelyandreturnedwithsupportingdocumentationbeforeApril
15,2016exceptasprovidedbyTaxCode22.02wherebywrittenrequestfromthepropertyowner,the
chiefappraisermayextendthedeadlineforfilingthisformuntilMay16,2016.

Failuretocomplywiththefilingoftherenditionwillresultina10%penaltyfornoncompliance.

Ifyouhaveanyquestions,pleasecontactthisoffice.Officehoursare8:00AM5:00PMMonday
Friday.Youmayfindadditionalinformationonourwebsite:www.wallercad.org.

ChrisBarzilla
ChiefAppraiser
WallerCountyAppraisalDistrict
Enc

WALLERCOUNTYAPPRAISALDISTRICT
90013THSTREETPOBOX887
HEMPSTEAD,TEXAS774450887
(979)9210060(979)9210377(FAX)
www.wallercad.org

STEP 1:

2016CONFIDENTIALBUSINESS
PERSONALPROPERTYRENDITION
OFTAXABLEPROPERTY

BUSINESS NAME, OWNER, ADDRESS, PHONE PHYSICAL LOCATION OR SITUS

NAME&ADDRESS:

PROPERTYID:________________________________________

SITUSADDRESS:_____________________________________________________________

STEP 2: REPRESENTATION

Thisform(andanysupportingdocumentation)mustbefiledattheWallerCountyAppraisal
DistrictnolaterthanApril15,2016(exceptasprovidedbyTaxCode22.02wherebywritten
requestfromthepropertyowner,thechiefappraisermyextendthedeadlineforfilingthisform
untilMay16,2016).ItmustnotbefiledwiththeComptrollerofPublicAccounts.
WhencompletedpleasereturntoWallerCountyAppraisalDistrictat90013thStPOBox887
Hempstead,Texas774450887,fax(979)9210377,oremail:doyleenf@wallercad.org.

PLEASE INDICATE IF YOU ARE FILLING OUT THIS FORM AS:

Owner,employee,oremployee

AuthorizedAgent
Fiduciary
Securedparty
ofanaffiliatedentityoftheowner
NameofOwner,AuthorizedAgent,FiduciaryorSecuredParty:_______________________________________________________
PresentMailingAddress,City,StateZIP:__________________________________________________________________________
Phone(AreaCodeandNumber):__________________________________________________________________
Areyouasecuredpartywithasecurityinterestinthepropertysubjecttothisrenditionandwithahistoricalcostnewofmorethan
$50,000asdefinedbyTaxCodeSection22.01(c1)and(c2)?

Yes

No
Ifyouchecked"yes"tothisquestion,youmustattachadocumentsignedbythepropertyownerindicatingconsentforyoutofile

therendition.Withouttheauthorization,therenditionisnotvalidandcannotbeprocessed.

STEP3:AffirmationofPriorYearRendition(Checkonlyifapplicableandyourassetswereexactlythesameaslastyear'srenditionform.)
Bycheckingthisbox,Iaffirmthattheinformationcontainedinthemostrecentrenditionstatementfiledforapriortaxyear(the_____taxyear)continuestobecompleteandaccurateforthecurrenttaxyear.

Step4:BusinessInformation(Optional)Pleaseaddressallthatapply:

BusinessType:

Manufacturing

Wholesale

_____________________________________________
____________________________________________

SquareFeetOccupied

BusinessDescription

Retail

Service

_______________________________
BusinessStartdateatLocation

NewBusiness

______________________________
SalesTaxPermitNumber

_____________________
_____________________________
BusinessSoldDate
BusinessMoveDate

DidAssetsremaininplaceasofJan.1?
Yes
No

Step5:MarketValue

______________________________________________________________
NewOwner

TheBusinesshadnotaxableassetsinWallerCountyasofJan.1

Checkthetotalmarketvalueofyourproperty:

Under$20,000

$20,000ormore

Ifyouchecked"Under$20,000,"pleasecompleteonlyScheduleAandifapplicable,ScheduleF.Otherwise,completeSchedules(s)B,C,Dand/orF,whicheverareapplicable.
Whenrequiredbythechiefappraiser,youmustrenderanytaxablepropertythatyouownormanageandcontrolasafiduciaryonJan.1[TaxCodeSection22.01(b)].ForthistypeofpropertycompleteSchedule(s)A,B,C,D,Eand/or
F,whicheverareapplicable.
Whenrequiredbythechiefappraiser,youmustfileareportlistingthenameandaddressofeachowneroftaxablepropertythatisinyourpossessionorunderyourmanagementonJan.1bybailment,lease,consignment,orother
arrangement[TaxCodeSection22.04(a)].ForthistypeofpropertycompleteScheduleF.

STEP6:SignandDateFormThisformmustbesignedanddated.Bysigningthisdocument,youattestthattheinformationcontainedonitistrueandcorrecttothebestofyourknowledgeandbelief.

Ifyouareasecuredparty,propertyowner,anemployeeofthepropertyowner,oranemployeeofapropertyowneronbehalfofanaffiliatedentityofthepropertyowner,print,signanddateonthelinesbelow.
Nonotarizationisrequired.

SIGN
PRINT
________________________________________________________
HERE ________________________________________________________________

_______________________________
HERE

Date
Ifyouarenotasecuredparty,propertyowner,anemployeeofthepropertyowner,oranemployeeofapropertyowneronbehalfofanaffiliatedentityofthepropertyowner,print,signanddateonthelinesbelow.Notarization
isrequired.Iswearthattheinformationprovidedonthisformistrueandcorrecttothebestofmyknowledgeandbelief.

SIGN
PRINT
HERE _________________________________________________
HERE ________________________________________________________________

__________________________________

Date

Subscribedandswornbeforemethis________dayof____________________,20______.

_______________________________________________________________

NotaryPublic,StateofTexas
Ifyoumakeafalsestatementonthisform,youcouldbefoundguiltyofaClassAmisdemeanororastatejailfelonyunderPenalCodeSection37.10.

DidyoutimelyapplyforSept.1inventorydate?(optional)......................................................
YES

NO

Doesyourinventoryinvolveinterstate/foreigncommerceissues?(optional).........................
YES

NO
Doesyourinventoryinvolvefreeportgoods?(optional)............................................................
YES

NO

SCHEDULEA:PERSONALPROPERTYVALUEDLESSTHAN$20,000

Listalltaxablepersonalpropertybytype/categoryofproperty(See"DefinitionsandRelevantTaxCodeSections").Ifneeded,youmayattachadditionalsheetsORacomputergeneratedcopylistingtheinformationbelow.Ifyou
manageorcontrolpropertyasafiduciaryonJan.1,alsolistthenamesandaddressesofeachpropertyowner."Goodfaithestimateofmarketvalue"or"historicalcostwhennew"isoptionalforScheduleAonly.

YearAcquired**
EstimateofQuantity
GoodFaithEstimate
HistoricalCost
PropertyOwnerName/Address(ifyoumanageorcontrolpropertyasafiduciary)
GeneralPropertyDescriptionbyType/Category
WhenNew**
OR
AND
ofEachType
ofMarketValue*

(f
l
fd
)

PERSONALPROPERTYVALUEDAT$20,000ORMORE

SCHEDULEB:INVENTORY,RAWMATERIALSANDWORKINPROCESS

Listalltaxableinventoriesbytypeofproperty.Ifneeded,attachadditionalsheetsORacomputergeneratedcopylistingtheinformationbelow.IfyoumanageorcontrolpropertyasafiduciaryonJan.1,alsolistthenamesand
addressesofeachpropertyowner.
PropertyDescriptionbyType/Category

PropertyAddressorAddresswhereTaxable

EstimateofQuantity
ofEachType

GoodFaithEstimate
ofMarket

OR

HistoricalCost
WhenNew**

YearAcquired**

PropertyOwnerName/Address(ifyoumanageorcontrolpropertyasafiduciary)

AND

SCHEDULEC:SUPPLIES

Listallsuppliesbytypeofproperty.IfneededattachadditionalsheetsORacomputergeneratedcopylistingtheinformationbelow.IfyoumanageorcontrolpropertyasafiduciaryonJan.1,alsolistthenamesandaddressesof
eachpropertyowner

PropertyDescriptionbyType/Category

PropertyAddressorAddresswhereTaxable

EstimateofQuantity
ofEachType

GoodFaithEstimate
ofMarketValue*

OR

HistoricalCost
WhenNew**

YearAcquired**

PropertyOwnerName/Address(ifyoumanageorcontrolpropertyasafiduciary)

AND

SCHEDULED:VEHICLESANDTRAILERSANDSPECIALEQUIPMENT

ListonlyvehiclesthatarelicensedinthenameofthebusinessasshownonPage1.VehiclesdisposedofafterJan.1aretaxablefortheyearandmustbelistedbelow.ifneeded,attachadditionalsheetsORacomputergeneratedlistingoftheinformationbelow.ReportleasedvehiclesunderScheduleF.
Leasedvehiclesmustbereportedshowingthenameandaddressoftheowner.

Year(optional)

Make(optional)

Model(optional)

VehicleIdentificationNumber(VIN)(optional)

GoodFaithEstimateof
MarketValue*

HistoricalCostWhen
New**(omitcents)

YearAcquired**

*Ifyouprovidedanamountinthe"goodfaithestimateofmarketvalue'"youneednotcompletea"historicalcostwhennew"and"yearacquired.""Goodfaithestimateofmarketvalue"isnotadmissibleinasubsequentprotest,hearing,appeal,suit,orotherproceedingsinvolvingthepropertyexcept
for:(1)proceedingstodeterminewhetherapersoncompiledwithrenditionrequirement:(2)proceedingsfordeterminationoffraudorintenttoevadetax;or(3)aprotestunderTaxCodeSection41.41.
**Ifyouprovideanamountin"historicalcostwhennew"and"yearacquired,"youneednotcomplete"goodfaithestimateof marketvalue."

PropID:

SCHEDULEE:FURNITURE,FIXTURES,MACHINERY,EQUIPMENT,COMPUTERS
+

Total(byyearacquired)allfurniture,fixtures,machinery,equipmentandcomputers(neworused)stillinpossessiononJan.1.Itemsreceivedasgiftsaretobelistedinthesamemanner.Ifneeded,attachadditionalsheets
ORacomputergeneratedlistingoftheinformationbelow.

FURNITUREANDFIXTURES

MACHINERYANDEQUIPMENT

OFFICEEQUIPMENT

2014

2014

2013

2013

2012

2012

2011

2011

2010

2010

2009

2009

2008

2008

2007

2007

2006

2006

2005

2005

2004

2004

2003

2003

2013

OR

2012

2009

2008
2007

2006

2005

2004

2003

2014

2010

2015

HistoricalCostWhen
New**(omitcents)

2015

2011

YEAR
ACQUIRED

HistoricalCostWhen
New**(omitcents)

GoodFaithEstimateof
MarketValue*

YEAR
ACQUIRED

YEAR
ACQUIRED

HistoricalCostWhen
New**(omitcents)

2015

OR

GoodFaithEstimateof
MarketValue*

OR

GoodFaithEstimateof
MarketValue*

2002
&prior

2002
&prior

2002
&prior

TOTAL

TOTAL

TOTAL

COMPUTEREQUIPMENT

POS/Servers/Mainframes

Other(anyotheritemsnotlistedinother schedules)

YEAR
ACQUIRED

Description

2015

2014

2014

2013

2013

2012

2012

2011

2011

2010

2010

2009

2009

2008

2008

2007

2007

2006

2006

HistoricalCostWhen
New**(omitcents)

2015

2014

2013

2012

2011

GoodFaithEstimateof
MarketValue*

YEAR
ACQUIRED

OR

2010
2009

YEAR
ACQUIRED

HistoricalCostWhen
New**(omitcents)

2015

OR

GoodFaithEstimateof
MarketValue*

HistoricalCost
WhenNew**
(omitcents) Or

GoodFaith
Estimate
ofMarket

2008

2007

2006

SCHEDULE F: PROPERTY UNDER BAILMENT, LEASE, CONSIGNMENT OR OTHER ARRANGEMENT

ListthenameandaddressofeachowneroftaxablepropertythatisinyourpossessionorunderyourmanagementonJan.1bybailment,lease,consignmentorotherarrangement.Ifneeded,attachadditionalsheetsORa
computergeneratedcopylistingtheinformationbelow.
PropertyOwner'sName

PropertyOwner'sAddress

PropertyDescription

*Ifyouprovideanamountinthegoodfaithestimateofmarketvalue,youneednotcompletehistoricalcostwhennewandyearacquired.Goodfaithestimateofmarketvalueisnotadmissibleinasubsequent
protest,hearing,appeal,suit,orotherproceedinginvolvingthepropertyexceptfor:(1)proceedingstodeterminewhetherapersoncompliedwithrenditionrequirement;(2)proceedingsfordeterminationoffraudorintent

toevadetax;or(3)aprotestunderTaxCodeSection41.41.
**Ifyouprovideanamountinhistoricalcostwhennewandyearacquired,youneednotcompletegoodfaithestimateofmarketvalue.

IMPORTANTINFORMATION

GENERALINSTRUCTIONS:Thisformisforuseinrendering,pursuant

toTaxCodeSection22.01,tangiblepersonalpropertyusedforthe
productionofincomethatyouownormanageandcontrolasa
fiduciaryonJan.1ofthisyear.

FILINGANDDEADLINES:Renditionstatementsandpropertyreports

mustbedeliveredtothechiefappraiserafterJan.1andnotlaterthan
April15,exceptasprovidedbyTaxCodeSection22.02.Onwritten

requestbythepropertyowner,thechiefappraisershallextenda
deadlineforfilingarenditionstatementorpropertyreporttoMay15.

Thechiefappraisermayfurtherextendthedeadlineanadditional
15daysupongoodcauseshowninwritingbythepropertyowner.

PursuanttoTaxCodeSection22.02,ifanexemptionapplicableto
apropertyonJan.1terminatesduringthetaxyear,thepersonwho

ownsoracquiresthepropertyonthedateapplicabilityoftheexemption
terminatesshallrenderthepropertyfortaxationwithin30days
afterthedateoftermination.Ifthechiefappraiserdeniesanapplication

foranexemptionforpropertysubjecttorenditionpursuanttoTax
CodeSection22.01(a),thepersonwhoownsthepropertyonthedate

theapplicationisdeniedshallrenderthepropertyfortaxationinthe
requiredmannerwithin30daysafterthedateofdenial.

INSPECTIONOFPROPERTY:PursuanttoTaxCodeSection22.07,
thechiefappraiserorhisauthorizedrepresentativemayenterthe

premisesofabusiness,trade,orprofessionandinspecttheproperty
todeterminetheexistenceandmarketvalueoftangiblepersonal

propertyusedfortheproductionofincomeandhavingataxablesitus
inthedistrict.

REQUESTFORSTATEMENTREGARDINGVALUE:PursuanttoTax
CodeSection22.07,thechiefappraisermayrequest,eitherinwriting

orbyelectronicmeans,thatthepropertyownerprovideastatement
containingsupportinginformationindicatinghowvaluerenderedwas

determined.Thepropertyownermustdeliverthestatementtothe
chiefappraiser,eitherinwritingorbyelectronicmeans,notlaterthan

the21stdayafterthedatethechiefappraisersrequestisreceived.

Thestatementmust:

(1)Summarizeinformationsufficienttoidentifytheproperty,including:

(A)thephysicalandeconomiccharacteristicsrelevanttothe

opinionofvalue,ifappropriate;and

(B)thesourceoftheinformationused;

(2)statetheeffectivedateoftheopinionofvalue;and

(3)explainthebasisofthevaluerendered.

Failuretocomplyinatimelymannerisconsideredtobeafailureto
timelyrenderandtheTaxCoderequiresthatpenaltiesbeappliedby

thechiefappraiser.

PENALTIES: Thechiefappraisermustimposeapenaltyonaperson
whofailstotimelyfilearequiredrenditionstatementorproperty
reportinanamountequalto10percentofthetotalamountoftaxes
imposedonthepropertyforthatyearbytaxingunitsparticipatingin
theappraisaldistrict.Thechiefappraisermustimposeanadditional
penaltyonthepersonequalto50percentofthetotalamountoftaxes
imposedonthepropertyforthetaxyearofthestatementorreport
bythetaxingunitsparticipatingintheappraisaldistrictifitisfinally
determinedbyacourtthat:
(1)thepersonfiledafalsestatementorreportwiththeintenttocommit
fraudortoevadethetax;or
(2)thepersonalters,destroys,orconcealsanyrecord,document,or
thing,orpresentstothechiefappraiseranyalteredorfraudulent
record,document,orthing,orotherwiseengagesinfraudulent
conduct,forthepurposeofaffectingthecourseoroutcomeof
aninspection,investigation,determination,orotherproceeding
beforetheappraisaldistrict.

SPECIALINSTRUCTIONS:EffectiveJan.1,2014,certaindealersof
motorvehicleinventorymayelecttofilerenditionsunderTaxCode
Chapter22,ratherthanfiledeclarationsandtaxstatementsunder
TaxCodeChapter23.TaxCodeSection23.121(a)(3)allowsadealer
tomakethiselectionifit(1)doesnotsellmotorvehiclesthatare
selfpropelledanddesignedtotransportpersonsorpropertyona
publichighway;(2)meetseitherofthefollowingtworequirements:(a)
thetotalannualsalesfromtheinventory,lesssalestodealers,fleet
transactions,andsubsequentsales,fortheprecedingtaxyearare25
percentorlessofthedealerstotalrevenuefromallsourcesduring
thatperiod,or(b)thedealerdidnotsellamotorvehicletoaperson
otherthananotherdealerduringtheprecedingtaxyearandthedealer
estimatesthatthedealerstotalannualsalesfromthedealersmotor
vehicleinventory,lesssalestodealers,fleettransactions,andsub
sequentsales,forthe12monthperiodcorrespondingtothecurrent
taxyearwillbe25percentorlessofthedealerstotalrevenuefrom
allsourcesduringthatperiod;(3)fileswiththechiefappraiserandthe
taxcollectorbyAug.31ofthetaxyearprecedingJan.1onaform
prescribedbythecomptrolleradeclarationthatthedealerelectsnot
tobetreatedasadealerunderTaxCodeSection23.121inthecurrent
taxyear;AND(4)rendersthedealersmotorvehicleinventoryin
thecurrenttaxyearbyfilingarenditionwiththechiefappraiserinthe
mannerprovidedbyTaxCodeChapter22.Adealerwhomakesthis
electionmustfilethedeclarationannuallywiththechiefappraiserand
thetaxcollectorbyAug.31oftheprecedingtaxyear,solongasthe
dealermeetstheeligibilityrequirementsoflaw.

EffectiveJan.1,2014,adealerofheavyequipmentinventorymay
renderitsinventorybyfilingarenditionstatementorpropertyreport
asprovidedbyTaxCodeChapter22.Ifthedealerfilesarendition,the
dealerisnotconsideredtobeadealerasdefinedbyTaxCodeSection
23.1241(a)(1).Aheavyequipmentinventorydealerhastheoption
torenderortofiledeclarationsandtaxstatements,withoutfilingadditional
declarationswiththechiefappraiserortaxcollector.

DEFINITIONSANDRELEVANTTAXCODESECTIONS

TaxCodeSection22.26states:

(a)Eachrenditionstatementorpropertyreportrequiredorauthorizedbythischaptermustbesignedbyanindividual

whoisrequiredtofilethestatementorreport.

(b)Whenacorporationisrequiredtofileastatementorreport,anofficerofthecorporationoranemployeeor

agentwhohasbeendesignatedinwritingbytheboardofdirectorsorbyanauthorizedofficertosigninbehalf

ofthecorporationmustsignthestatementorreport.

TaxCodeSection22.01(c1)states:
Inthissection:

(1)SecuredpartyhasthemeaningassignedbySection9.102,Business&CommerceCode.

(2)SecurityinteresthasthemeaningassignedbySection1.201,Business&CommerceCode.

TaxCodeSection22.01(c2)states:
Withtheconsentofthepropertyowner,asecuredpartymayrenderfortaxationanypropertyofthepropertyowner
inwhichthesecuredpartyhasasecurityinterestonJan.1,althoughthesecuredpartyisnotrequiredtorenderthe
propertybySubsection(a)or(b).Thissubsectionappliesonlytopropertythathasahistoricalcostwhennewof
morethan$50,000.

TaxCodeSection22.01(d1)states:
Asecuredpartyisnotliableforinaccurateinformationincludedontherenditionstatementifthepropertyownersupplied
theinformationorforfailuretotimelyfiletherenditionstatementifthepropertyownerfailedtopromptlycooperate
withthesecuredparty.Asecuredpartymayrelyoninformationprovidedbythepropertyownerwithrespectto:

(1)theaccuracyofinformationintherenditionstatement;

(2)theappraisaldistrictinwhichtherenditionstatementmustbefiled;and

(3)compliancewithanyprovisionsofthischapterthatrequirethepropertyownertosupplyadditionalinformation.

AddressWhereTaxable:Insomeinstances,personalpropertythat
isonlytemporarilyatitscurrentaddressmaybetaxableatanother
location(taxablesitus).Ifyouknowthatthisisthecase,pleaselistthe
addresswheretaxable.

ConsignedGoods:Personalpropertyownedbyanotherpersonthat
youaresellingbyarrangementwiththatperson.Ifyouhaveconsigned
goods,reportthenameandaddressoftheownerintheappropriate
blank.

EstimateofQuantity:Foreachtypeorcategorylisted,thenumber
ofitems,orotherrelevantmeasureofquantity(e.g.,gallons,bushels,
tons,pounds,boardfeet).

Fiduciary:Apersonorinstitutionwhomanagespropertyforanother
andwhomustexerciseastandardofcareinsuchmanagementactivity
imposedbylaworcontract.

GoodFaithEstimateofMarketValue:Yourbestestimateofwhat
thepropertywouldhavesoldforinU.S.dollarsonJan.1ofthecurrent
taxyearifithadbeenonthemarketforareasonablelengthoftime
andneitheryounorthepurchaserwasforcedtobuyorsell.Forinventory,
itisthepriceforwhichthepropertywouldhavesoldasaunitto
apurchaserwhowouldcontinuethebusiness.

HistoricalCostWhenNew:Whatyoupaidforthepropertywhenit
wasnew,orifyouboughtthepropertyused,whattheoriginalbuyer
paidwhenitwasnew.Ifyouboughtthepropertyused,anddonot
knowwhattheoriginalbuyerpaid,statewhatyoupaidwithanotethat
youpurchaseditused.

Inventory:Personalpropertythatisheldforsaletothepublicbya
commercialenterprise.

PersonalProperty:Everykindofpropertythatisnotrealproperty;
generally,propertythatismovablewithoutdamagetoitselforthe
associatedrealproperty.

PropertyAddress:Thephysicaladdressofthepersonalpropertyon
Jan.1ofthecurrenttaxyear.Normally,thepropertyistaxablebythe
taxingunitwherethepropertyislocated.

SecuredParty: Apersoninwhosefavorasecurityinterestiscreated
orprovidedforunderasecurityagreement,whetherornotany
obligationtobesecuredisoutstanding;apersonthatholdsanagricultural
lien;aconsignor;apersontowhichaccounts,chattelpaper,payment
intangibles,orpromissorynoteshavebeensold;atrustee,indenturetrustee,
agent,collateralagent,orotherrepresentativeinwhosefavorasecurity
interestoragriculturallieniscreatedorprovidedfor;orapersonthatholdsa
securityinterestarisingunderSections2.401,
2.505,2.711(c),2A.508(e),4.210,or5.118,BusinessandCommerce
Code.

SecurityInterest:Aninterestinpersonalpropertyorfixtureswhich
securedpaymentorperformanceofanobligation.Securityinterest
includesanyinterestofaconsignorandabuyerofaccounts,chattel
paper,apaymentintangible,orapromissorynoteinatransaction
thatissubjecttoChapter9,BusinessandCommerceCode.Security
interestdoesnotincludethespecialpropertyinterestofabuyerof
goodsonidentificationofthosegoodstoacontractforsaleunder
Section2.401,butabuyermayalsoacquireasecurityinterestby
complyingwithChapter9.ExceptasotherwiseprovidedinSection
2.505,therightofasellerorlessorofgoodsunderChapter2or2Ato
retainoracquirepossessionofthegoodsisnotasecurityinterest,
butasellerorlessormayalsoacquireasecurityinterestbycomply
ingwithChapter9.Theretentionorreservationoftitlebyasellerof
goodsnotwithstandingshipmentordeliverytothebuyerunderSection
2.401islimitedineffecttoareservationofasecurityinterest.
Whetheratransactionintheformofaleasecreatesasecurityinterest
isdeterminedpursuanttoSection1.203,BusinessandCommerce
Code.

Type/Category:Functionallysimilarpersonalpropertygroups.Examples
are:furniture,fixtures,machinery,equipment,vehicles,andsupplies.
Narrowergroupingssuchaspersonalcomputers,millingequipment,freezer
cases,andforkliftsshouldbeused,ifpossible.Aperson
isnotrequiredtorenderfortaxationpersonalpropertyappraised
underSection23.24,TaxCode.

YearAcquired:Theyearthatyoupurchasedtheproperty