What is another name for personal property?

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Personal property is often referred to as chattel, which encompasses movable items that are not affixed to land or buildings. This term is typically used to distinguish personal property from real property, which involves land and anything permanently attached to it. Chattel includes goods, vehicles, furniture, and other tangible objects that individuals can own, transfer, or sell.

The other terms relate to types of property but do not accurately describe personal property. Real estate pertains specifically to land and any improvements on it, while fixtures denote items that were once personal property but have been affixed to real estate, making them part of the real property. Property rights refer to the legal rights of individuals to use, control, and dispose of property, which apply to both personal and real property. However, they do not serve as an alternative name for personal property itself.

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