Learn more about the history, legality, and sociology of slavery in this article. The term includes mortgages and other liens on real property. chattel personal an item of movable personal property, such as furniture, domestic animals, etc b. chattel real an interest in land less than a freehold, such as a lease Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. How to use chattel … Here is what to know about each. 2. a. A chattel mortgage is a loan used to purchase an item of movable personal property, such as a vehicle, which then serves as security for the loan. b. ... Chattel Mortgage Definition A chattel mortgage is a loan for a movable piece of personal property, such as machinery, a vehicle or a manufactured home. A chattel mortgage is a secured loan where your personal property, often your home, is put up as collateral. Today, chattel is defined as any item of personal property and that can be moved. Personal property is property that is movable. Chattel definition is - an item of tangible movable or immovable property except real estate and things (such as buildings) connected with real property — sometimes used as a mass noun. Learn more about the history, legality, and sociology of slavery in this article. How to use pledge in a sentence. A mode of production in which slaves constitute the principal workforce. Chattel definition is - an item of tangible movable or immovable property except real estate and things (such as buildings) connected with real property — sometimes used as a mass noun. We will here consider the law, in general terms, as it relates to the condition, duties, and rights of children; and, afterwards, the extent which has been given to the word child or … See more. The condition in which one person is owned as property by another and is under the owner's control, especially in involuntary servitude. 3. A chattel mortgage is a loan used to purchase an item of movable personal property, such as a vehicle, which then serves as security for the loan. A slave was considered by law as property, or chattel, and was deprived of most of the rights ordinarily held by free persons. A mode of production in which slaves constitute the principal workforce. The term includes mortgages and other liens on real property. Definition of Chattel Slavery. ... and applicable legal and regulatory requirements. ... Chattel Mortgage Definition A chattel mortgage is a loan for a movable piece of personal property, such as machinery, a vehicle or a manufactured home. In many instances chattel paper will consist of a negotiable instrument coupled with a security agreement. Today, chattel is defined as any item of personal property and that can be moved. (32) "Encumbrance" means a right, other than an ownership interest, in real property. Same Sex Marriage Debate. A child is the son or daughter in relation to the father or mother. In common law systems, personal property may also be called chattels or personalty.In civil law systems, personal property is often called movable property or movables – any property that can be moved from one location to another.. (31) "Electronic chattel paper" means chattel paper evidenced by a record or records consisting of information stored in an electronic medium. As far back in history as can be traced, slavery has existed in some form. The condition in which one person is owned as property by another and is under the owner's control, especially in involuntary servitude. A child is the son or daughter in relation to the father or mother. CHILD, CHILDREN, domestic relations. Chattel is movable personal property that can be borrowed against using a chattel mortgage . For homebuyers, there are five basic types of mortgage loan options: conventional, jumbo, government, fixed-rate and adjustable-rate. (31) "Electronic chattel paper" means chattel paper evidenced by a record or records consisting of information stored in an electronic medium. Personal property is property that is movable. Pledge definition is - a bailment of a chattel as security for a debt or other obligation without involving transfer of title. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. How to use pledge in a sentence. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. The idea of indentured servitude was born of a need for cheap labor. In common law systems, personal property may also be called chattels or personalty.In civil law systems, personal property is often called movable property or movables – any property that can be moved from one location to another.. The United States has established a legal system whereby when a person sells land it is the estate interest in the land that's conveyed. The common law definition of chattel is any property that is not land or physical items belonging to that land. Chattel Paper: A writing or writings that evidence both a monetary obligation and a security interest in or a lease of specific goods. For homebuyers, there are five basic types of mortgage loan options: conventional, jumbo, government, fixed-rate and adjustable-rate. Chattel Paper: A writing or writings that evidence both a monetary obligation and a security interest in or a lease of specific goods. Slavery, condition in which one human being was owned by another. The state or condition of being married to another person of the same gender. (32) "Encumbrance" means a right, other than an ownership interest, in real property. Pledge definition is - a bailment of a chattel as security for a debt or other obligation without involving transfer of title. Examples of chattel, as defined in common law, include furniture, clothes hanging in … Slavery, condition in which one human being was owned by another. The idea of indentured servitude was born of a need for cheap labor. CHILD, CHILDREN, domestic relations. The common law definition of chattel is any property that is not land or physical items belonging to that land. The United States has established a legal system whereby when a person sells land it is the estate interest in the land that's conveyed. The legal union between two people of the same sex. ies 1. chattel personal an item of movable personal property, such as furniture, domestic animals, etc b. chattel real an interest in land less than a freehold, such as a lease ... Chattel Real in Real Estate: Definition & Examples Noun. See more. Noun. The legal union between two people of the same sex. 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