chattel

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chattel

(chăt`əl), in law, any property other than a freehold estate in land (see tenuretenure,
in law, manner in which property in land is held. The nature of tenure has long been of great importance, both in law and in the broader economic and political context.
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). A chattel is treated as personal property rather than real property regardless of whether it is movable or immovable (see propertyproperty,
rights to the enjoyment of things of economic value, whether the enjoyment is exclusive or shared, present or prospective. The rightful possession of such rights is called ownership.
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). Certain uses of the term (e.g., chattel mortgage) refer only to movable property. Otherwise the term also includes chattels real, i.e., those estates in land that do not constitute a freehold.
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chattel

1. Any article of property not consisting of or affixed to land; movable property.
2. Same as 1, above, plus any interest in land that is less than a freehold. When this nomenclature is used, the term chattel personal is employed to designate movables such as goods and money, and chattel real to designate less-than-freehold interests in real property, such as leasehold interests for a term of years.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
Chattels & More will also be demonstrating the Greek brand Papadatos' exquisite collection of sofas, swivel armchairs and marble-infused dining and coffee tables besides the Oliver B.
It was also common ground that it was necessary to imply a term into the lease to determine who owned these chattels, and what should happen to them.
The final section of the essay focuses on the writs sent by the Crown during the reign of Edward I to local jurisdictions in response to petitions by family members and executors for the return of suicides' confiscated goods and chattels. In these writs, we find that the reported accounts of and reactions to infirmity and suffering operated as a resonant means of explaining suicide and allowed for compassionate responses.
163, 178 (2011) ("The Restatement tells us that all but the most fleeting forms of trespass to chattels should be regarded as conversions.").
Prior possessors have superior chattel rights to those of the finder unless those rights were acquired illegally, such as by stealing.
a Chattel Mortgage can only be granted over tangible assets such as manufacturing facilities and inventories, but a Commercial Business Mortgage can also be granted over intangible assets such as intellectual property rights which is secured by way of pledge under PRC law;
Figure 1: Unilateral Sequential Acquisition of Chattels Legal Acquisition Wrongful Acquisition Unowned Property 1.
Trespass to chattels is a medieval, obscure doctrine of violating someone's personal property (as opposed to the more well-known trespassing on land), which was largely moribund until some creative attorneys in the late 1990s resuscitated it in the internet context in the case of Thrifty-Tel v.
The doctrine supposedly empowers owners of chattels freely and unilaterally to abandon them by manifesting the clear intent to do so, typically by renouncing possession of the object in a way that communicates the intent to forgo any future claim to it.
5) funds and chattels required for the personal business of one of the spouses other than the funds and chattels used in the business conducted jointly by both spouses;
The doctrine of "trespass to chattels," for example, is an antiquated term that once was buried in the dusty pages of old law dictionaries.