What is CHATTEL?

An article of personal property; any species of property not amounting to a freehold or fee in land. People v. Holbrook, 13 Johns. (N. Y.) 94; Hornblower v Proud, 2 Barn. & Aid. 335; State v. Bartlett, 55 Me. 211; State v. Brown, 9 Baxt. (Teun.) 54, 40 Am. Rep. 81. The name given to things which in law are deemed personal property. Chattels are divided into chattels real and chattels personal; chattels real being interests in land which devolve after the manner of personal estate, as leaseholds. As opposed to freeholds, they are regarded as personal estate. But, as being interests in real estate, they are called “chattels real,” to distinguish them from movables.

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