Chattel refers to which type of property?

Chattel refers to which type of property?

• A. Real property that is attached to land
• B. Government property
• C. Personal property that is movable
• D. A building

Answer: (C)

Chattel is personal property that can be moved. In real estate, property is typically split into real property (land and anything permanently attached to it, like the building and fixed fixtures) and personal property (items not attached that can be removed). Because chattel refers to movable items, it includes things like furniture, clothing, and vehicles. Buildings are real property because they’re fixed to the land, while movable items that aren’t permanently installed fall under chattel. In transactions, what stays with the property or is removed is often defined in the sale agreement.

Chattel is personal property that can be moved. In real estate, property is typically split into real property (land and anything permanently attached to it, like the building and fixed fixtures) and personal property (items not attached that can be removed). Because chattel refers to movable items, it includes things like furniture, clothing, and vehicles. Buildings are real property because they’re fixed to the land, while movable items that aren’t permanently installed fall under chattel. In transactions, what stays with the property or is removed is often defined in the sale agreement.