Chattel or chattle
Webvariable noun chattel Chattels are things that belong to you. 3. noun chattel a movable item of personal property, as a piece of furniture, an automobile, or a head of livestock 3. … Webchattel meaning: 1. a personal possession: 2. a personal possession: 3. a piece of personal property, including…. Learn more.
Chattel or chattle
Did you know?
WebApr 21, 2024 · Broadly speaking, if an item can be easily removed without it being damaged or losing its identity, and the wall or ground itself is not damaged, then the item is a chattel. The houseboat in Chelsea Yacht was attached to the pontoon by pipes and wires to pass water and electricity, and mooring ropes. These could be easily severed without ... WebNov 24, 2024 · The harm done to the chattel; The inconvenience and expense caused; On the other hand, a trespass to chattels is an act that falls short of conversion. The tortfeasor is responsible only to the extent of the damage done (not the full value of the property) from dispossessing another of the chattel, using or intermeddling with a chattel in the ...
WebChattel is a legal term that refers to personal property, as opposed to real property (land and buildings). Personal property can include a wide range of items, such as vehicles, furniture, jewelry, artwork, and other items of tangible or intangible value. There is no one specific way in which chattel is structured, as personal property can ... WebJan 25, 2024 · A chattel mortgage is a loan for a manufactured home or other movable piece of personal property, such as machinery or a vehicle. The movable property, called “chattel,” also acts as collateral for the …
WebChattel is a catch-all category of property associated with movable goods. At common law, chattel included all property other than real property . Examples include leases, animals, … WebMar 20, 2024 · A chattel loan, otherwise known as a chattel mortgage, is a form of secured property loan that applies only to movable assets. As with all loans in this category, the lender receives an interest in the underlying property (or “chattel”). If the borrower defaults on their loan, the lender can seize and sell the chattel as payment.
WebChattel Paper. One or more documents that evidences both a monetary obligation and a security interest in, or a lease of, specific goods. Common examples of chattel paper include a promissory note coupled with a security agreement, or a motor vehicle financing agreement that includes both a payment obligation and a security interest in the ...
WebJan 10, 2024 · January 10, 2024 by: Content Team. The common law definition of chattel is any property that is not land or physical items belonging to that land. Today, chattel is … pool supplies lubbock texasWebchattel definition: 1. a personal possession: 2. a personal possession: 3. a piece of personal property, including…. Learn more. shared krahneng.onmicrosoft.comWebMar 17, 2007 · Trespass to Chattels. According to the Restatement (Second) of Torts § 217, a trespass to chattel is defined as “intentionally dispossessing another of the chattel or using or intermeddling with a chattel in the possession of another.”. The common law form of trespass requires actual harm with intent to harm and physical contact without ... pool supplies lumberton txWebChattel is a catch-all category of property associated with movable goods. At common law, chattel included all property other than real property . Examples include leases, animals, and money. In modern usage, chattel usually only refers to tangible movable personal property. In the field of property law, separate bodies of law developed to ... pool supplies maryboroughWebChattel definition, a movable article of personal property. See more. pool supplies morristown tnWebchattel in American English. (ˈtʃætl) noun. 1. Law. a movable article of personal property. 2. any article of tangible property other than land, buildings, and other things annexed to land. 3. pool supplies mountain home arWebchattel (n.) chattel. (n.) "얼리 13세기, chatel '재산, 물건'은 오래된 프랑스어 chatel '재산, 물건, 부, 소유물; 이익; 가축'에서 유래되었습니다. 이는 라틴어 capitale '재산'에서 … pool supplies lubbock tx