David
10-19-2005, 08:23 PM
Opposite of real property.
Cars, lights before being affixed to a house (wired in), clothing, everything that isn't real property.
Personal property is tranferred through a bill of sale.
Chattel is another word for personal property. A chattel mortgage is a mortgage (loan) to buy personal property.
Cars, lights before being affixed to a house (wired in), clothing, everything that isn't real property.
Personal property is tranferred through a bill of sale.
Chattel is another word for personal property. A chattel mortgage is a mortgage (loan) to buy personal property.