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Number of posts : 173
Registration date : 2011-11-06

PostSubject: Personal property   Mon 21 Nov 2011 - 11:58

Personal property, roughly speaking, is private property that is moveable,[1] as opposed to real property or real estate. In the common law systems personal property may also be called chattels or personalty. In the civil law systems personal property is often called movable property or movables - any property that can be moved from one location to another. This term is in distinction with immovable property (or immoveable property) or immovables (or immoveables), such as land and buildings. Movable property on land, that which was not automatically sold with the land, included for example larger livestock (wildlife and smaller livestock like chickens, by contrast, was often sold as part of the land). In fact the word cattle is the Old Norman variant of Old French chatel (derived from Latin capitalis, “of the head”), which was once synonymous with general movable personal property.[2]
Contents [hide]
1 Classifications
2 Personal versus private property
3 See also
4 Notes
5 References
6 External links

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