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Refinance and Mortgage Encyclopedia - chattel

Chattel

Another name for personal propertyProperty that is not real is personal. Identifiable portable and tangible objects, e.g., furnishings,.

Chattel

Personal propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. which is tangible and movable. (The word "chattel" evolved from the word "cattle", one of man's early important possessions.)
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