Chattel Tag Archive

Jump to:

What is Chattel?
What is chattel real?
What’s the difference between chattel and fixtures?

What is Chattel?

In the widest sense, chattel refers to any objects connected to a property that could be removed without injury to that property.

What is chattel real?

The term chattel real is used for describing a situation in which a property or land is held for a certain amount of time though a lease contract.

What’s the difference between chattel and fixtures?

Basically, if an object is removable without damaging the property, it is considered chattel (for instance: furniture, electrical equipment, curtains and drapes, carpets etc.); fixtures usually include things like air conditioning, solar panels, fences, blinds etc.

Given these differences, usually chattels are excluded from a property’s purchase price, while fixtures are included, unless the terms of the contract state otherwise.

You might also be interested in:

Nothing found here

Perhaps You will find something interesting from these lists...

All Blog Posts: