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LSDefine
Simple English definitions for legal terms
personalty
Read a random definition: conjuratio
A quick definition of personalty:
Personalty: This means things that belong to a person, like toys, clothes, and books. Another word for it is personal property or chattel.
A more thorough explanation:
Personalty
Personalty refers to personal property or chattel. It includes any movable property that is not real estate or attached to it.
- Clothing
- Furniture
- Jewelry
- Electronics
These examples illustrate how personalty refers to any movable property that is not considered real estate. Clothing, furniture, jewelry, and electronics are all examples of personalty because they are movable and not attached to real estate.