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Chattel house is a Barbadian term for a small moveable wooden house that working class people would occupy. The term goes back to the plantation days when the home owners would buy houses designed to move from one property to another.
It is an owner's right to get tax benefits for chattel, and there are businesses that specialize in appraising personal property, or chattel. The distinction between these types of property is significant for a variety of reasons. Usually, one's rights on movables are more attenuated than one's rights on immovables (or real property).
Chattel may refer to: Chattel, an alternative name for tangible personal property; A chattel house, a type of West Indian dwelling; A chattel mortgage, a security interest over tangible personal property; Chattel slavery, the most extreme form of slavery, in which the enslaved were treated as property; The Chattel, a 1916 silent film
Chattel mortgage, sometimes abbreviated CM, is the legal term for a type of loan contract used in some states with legal systems derived from English law. Under a typical chattel mortgage, the purchaser borrows funds for the purchase of movable personal property (the chattel ) from the lender.
For example, if a piece of lumber sits in a lumber yard, it is a chattel. If the same lumber is used to build a fence on the land, it becomes a fixture to that real property. In many cases, the determination of whether property is a fixture or a chattel turns on the degree to which the property is attached to the land.
Bailment is distinguished from a contract of sale or a gift of property, as it only involves the transfer of possession and not its ownership.To create a bailment, the bailee must both intend to possess, and actually physically possess, the bailable chattel for example a car mechanic business when a car has been dropped off for repair.
It was as if women were finally being recognized as real people and not chattel, with the consequence that U.S. foreign policy was to concern itself with their treatment in all countries, like a ...
Trespass to chattels, also called trespass to personalty or trespass to personal property, is a tort whereby the infringing party has intentionally (or, in Australia, negligently) interfered with another person's lawful possession of a chattel (movable personal property).