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The Probert Encyclopaedia of Money

CHATTELS

chattels is a term describing all property of whatever kind, excluding freehold land and anything permanently affixed to freehold land. Interests in land (e.g. leaseholds) are chattels real. Chattels personal are all movable and tangible articles of property. Chattels include timber growing on land (whether freehold or leasehold) and articles of personal use.
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