• Que.



    Chattels  refer to movable personal property, excluding land or buildings. This term encompasses items like furniture, vehicles, livestock, and personal belongings. Essentially, anything that isn't fixed to real estate falls under this category. It's a legal term often used in contexts like property law or asset management. Chattels hold value and can be bought, sold, or transferred like any other form of property. So, when someone talks about chattels, they're discussing the tangible assets that can be owned and managed, distinct from real property.

    Apr 26 2024

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