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:

What is income capitalization approach?
What is inflation in real estate?
What is inflation?

Search other terms

A
B
C
D

E
F
G
H

I
J
K
L

M
N
O
P

Q
R
S
T

U
V
W
X

Y
Z

Popular terms

Amortization

Equity

Notary Public

Progression/Regression

Acquisition

Annuity

Asset

Fiduciary

Inflation

Contingency

Escrow

Power of attorney

Real Estate Agent

Eminent Domain

Liability

Statute of Limitations

Valid

Variance

Contiguous

Deficit