Chattel
A catch-all category of property mostly associated with movable goods. At common law, chattel included all property that was not real estate and not attached to real estate. Examples included everything from leases, to cows, to clothes. In modern usage, chattel often merely refers to tangible movable personal property.
See Real Property;
Definition from Nolo’s Plain-English Law Dictionary
An item of personal property that can be moved from place to place.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:12 pm
