What is another term for personal property?

What is another term for personal property?

• A. Realty
• B. Fixtures
• C. Chattels
• D. Fructus naturales

Answer: (C)

Personal property refers to movable items that are not permanently affixed to or associated with the land or buildings. The term "chattels" is synonymous with personal property, encompassing a wide range of movable possessions like furniture, vehicles, and personal effects. In the context of property law, understanding the distinction is crucial. Realty pertains to real estate, which includes land and anything permanently attached to it, like buildings. Fixtures refer to items that were once personal property but have been attached to the realty in such a way that they are legally considered part of the property. Fructus naturales relates to natural products of the land, such as trees and crops, differentiating it from personal property. Thus, chattels effectively captures the essence of personal property as separate from real estate and its components.

Personal property refers to movable items that are not permanently affixed to or associated with the land or buildings. The term "chattels" is synonymous with personal property, encompassing a wide range of movable possessions like furniture, vehicles, and personal effects.

In the context of property law, understanding the distinction is crucial. Realty pertains to real estate, which includes land and anything permanently attached to it, like buildings. Fixtures refer to items that were once personal property but have been attached to the realty in such a way that they are legally considered part of the property. Fructus naturales relates to natural products of the land, such as trees and crops, differentiating it from personal property. Thus, chattels effectively captures the essence of personal property as separate from real estate and its components.