Chattel refers to personal property that is tangible and movable, distinguishing it from real estate, which is immovable. It includes items such as furniture, automobiles, and jewelry.
Personalty refers to all property that is movable and not fixed to land. It is distinct from realty, which pertains to real estate and immovable property.
Tangible personal property refers to assets that can be seen, touched, and moved without great difficulty. This category excludes real estate and intangible assets.
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