What is chattels definition?

Chattels are defined as movable personal property that can be physically touched and transported from one place to another. These can include items such as furniture, clothing, jewelry, cars, livestock, and tools. They are distinguished from real property, which includes immovable assets such as land and buildings. Chattels can be further classified into two categories: tangible chattels, which are physical objects that can be touched, and intangible chattels, which are non-physical assets such as patents, copyrights, and other intellectual property rights. Chattels can be owned, transferred, and sold like any other property, and are subject to various laws governing property ownership, liability, and taxation.