CHATTEL Definition Meaning - Merriam-Webster The meaning of CHATTEL is an item of tangible movable or immovable property except real estate and things (such as buildings) connected with real property —sometimes used as a mass noun How to use chattel in a sentence
Chattel: Definition, How It Works, Chattel Mortgages, Examples Chattel is a term for movable personal property, such as a mobile home, car, or houseboat In a chattel mortgage, the property serves as collateral to back the loan Chattel mortgages typically
Chattel - Definition, Examples, Cases, Processes - Legal Dictionary The common law definition of chattel is any property that is not land or physical items belonging to that land Today, chattel is defined as any item of personal property and that can be moved Examples of chattel, as defined in common law, include furniture, clothes hanging in the closet, and cattle on a farm
CHATTEL | definition in the Cambridge English Dictionary Trespass to chattels has traditionally required a physical touching of the property He or she was property, a chattel, to be bought and sold They are our companions and our chattel, our family members and our laborers, our household pets and our household pests
What Is A Chattel Mortgage? - Bankrate What is a chattel mortgage? A chattel loan is a loan used to buy movable property — including manufactured homes You can get a chattel loan from a lender to purchase a manufactured home,
chattel | Wex | US Law | LII Legal Information Institute Chattel is a catch-all category of property associated with movable goods At common law , chattel included all property other than real property Examples include leases, animals, and money In modern usage, chattel usually only refers to tangible movable personal property
What Is Chattel Real Estate and How Does It Differ From Real Property . . . Chattel real estate represents a unique category within property law, often misunderstood due to its nuanced differences from real property This concept involves personal property interests tied to land or immovable structures, making it crucial for legal and financial transactions
Chattel Definition - What Does Chattel Mean? - Legal Explanations In law, Chattel refers to tangible personal property that can be moved or touched, such as furniture, vehicles, and livestock Unlike real property, which consists of land and buildings, chattels are not fixed to the land and can be moved from place to place
What Does Chattel Mean in Real Estate? A Complete Guide Chattel refers to movable personal property distinct from real estate Understanding chattel is vital for legal and financial aspects of property transactions Chattel mortgages provide alternative financing options using personal property as collateral