Personal Property

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:

    Samuel Sewall, in a world of wigs,
    Flouted opinion in his personal hair;
    For foppery he gave not any figs,
    But in his right and honor took the air.
    Anthony Hecht (b. 1923)

    The charming landscape which I saw this morning is indubitably made up of some twenty or thirty farms. Miller owns this field, Locke that, and Manning the woodland beyond. But none of them owns the landscape. There is property in the horizon which no man has but he whose eye can integrate all parts, that is, the poet. This is the best part of these men’s farms, yet to this their warranty-deeds give no title.
    Ralph Waldo Emerson (1803–1882)