personal property
Quick Summary
Personal property, also known as chattels, refers to items that are movable and can be owned by an individual. This category is distinct from real property, which includes land and permanent fixtures. Personal property encompasses tangible items like goods and animals, as well as intangible assets such as stocks, bonds, and bank accounts.12
In legal systems, personal property can be further divided into "choses in possession," which are physical items, and "choses in action," which are intangible rights like the right to sue for a debt. The law provides protection for ownership interests in chattels, allowing for the recovery of goods or compensation for damages caused by intentional or negligent actions. The ability to transfer personal property freely is a fundamental aspect of market economies.134
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United KingdomThe social system…wergild and were regarded as chattels.
Read More…wergild and were regarded as chattels.
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Polynesian cultureProperty and exchangeThe concept of personal property was well developed in traditional Polynesia. Each individual, regardless of rank, had a variety of possessions such as tools, clothing, ornaments, and other items. Other types of property, however, were owned by extended families or descent groups in common and were used for…
Read MoreThe concept of personal property was well developed in traditional Polynesia. Each individual, regardless of rank, had a variety of possessions such as tools, clothing, ornaments, and other items. Other types of property, however, were owned by extended families or descent groups in common and were used for…
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inheritanceDivided or undivided inheritance…to real but not to personal property. The distinction between the two kinds of property was important in the struggle for power between church and state. In medieval England the organization of society in general and of the army and the public offices in particular was based upon the distribution…
Read More…to real but not to personal property. The distinction between the two kinds of property was important in the struggle for power between church and state. In medieval England the organization of society in general and of the army and the public offices in particular was based upon the distribution…
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property lawMovable and immovable property…property (such as personal possessions), personal property (see real and personal property).
Read More…property (such as personal possessions), personal property (see real and personal property).
Read More- property lawMovables
In both Anglo-American and civil law the sale of a movable is both a contract and a conveyance. In both Anglo-American and French law the contract also serves to transfer the title to the thing unless the parties agree otherwise. German law, on the…
Read MoreIn both Anglo-American and civil law the sale of a movable is both a contract and a conveyance. In both Anglo-American and French law the contract also serves to transfer the title to the thing unless the parties agree otherwise. German law, on the…
Read More - tortChattels
The law affords wide protection to proprietary interests over chattels. Again, this can involve using a proprietary remedy to reclaim goods removed from their rightful owner or to claim damages for chattels affected by a tortfeasor’s intentional or negligent conduct. Intentional interference with goods…
Read MoreThe law affords wide protection to proprietary interests over chattels. Again, this can involve using a proprietary remedy to reclaim goods removed from their rightful owner or to claim damages for chattels affected by a tortfeasor’s intentional or negligent conduct. Intentional interference with goods…
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