Certified Pennsylvania Evaluator Practice Exam

What is defined as personal property that is NOT affixed to the land?

1. Real estate

2. Fixture

3. Chattel

4. Bundle of rights

The correct answer is: Chattel

The term that describes personal property not affixed to the land is chattel. Chattel refers specifically to movable or tangible personal property, such as furniture, vehicles, and equipment, which can be relocated without altering the real estate. This distinguishes it from real estate, which includes land and anything permanently attached to it, such as buildings or structures. Furthermore, a fixture is an item that was once personal property but has become permanently attached to the land or a building, making it part of the real estate. The bundle of rights refers to the entitlements that come with property ownership, such as the right to possess, use, and sell the property, rather than an item of property itself. Thus, chattel is the correct term for personal property that remains unattached and can be easily moved.