Personal property is generally considered private property that is movable, 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 immovable property) or immovables, 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.
Read more about Personal Property: Classifications, Personal Versus Private Property
Famous quotes containing the words personal and/or property:
“[The election] ... was an event in which, so far as the personal side is concerned, the victory was to him who lost and the defeat to him who won. I can say that never in the last fifteen years have I had the peace of mind that I have since the election. I have almost a feeling of elation.”
—Herbert Hoover (1874–1964)
“In the Greek cities, it was reckoned profane, that any person should pretend a property in a work of art, which belonged to all who could behold it.”
—Ralph Waldo Emerson (1803–1882)