My Study Stuff

01/11/2011

chattel

Filed under: Law — anlactunay @ 2:25 PM

chattel=
Transferable personal property. It includes leasehold land (called chattel real) and furniture, jewelry, movable machinery, rights (such as copyright and patents), securities, vehicles, etc., (called chattel personal), but excludes freehold land and items such as fixtures or equipment permanently affixed to a building or the ground.

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