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Did You Say Chattel?

said on December 1st, 2008 filed under: Georgia Mountain Real Estate VIEWS, Real Estate Made Simple

CowHave you ever heard someone mention the word “Chattel” and wonder what in the world they were talking about? Me neither. Of course I knew they were talking about Personal Property.

So What is Chattel?

Chattel is just another word for Personal Property. It comes from the word Cattle which has the meaning of possession or ownership. I can just hear it now, thinking of the wild west, “those are my cows, that’s my chattel.” Chattel is something that is NOT “Usually” hard to move, or simply not attached. For example, a grill or possibly a picnc table out on the deck. How about those Rockers out on the Front Porch up here in these Beautiful Georgia Mountains sitting back and soaking up the views. Rocking Chairs are Chattel in case you got lost in all of that!

One very important thing to remember when buying or selling a home or cabin in the North Georgia Mountains, is that your Chattel cannot be factored into the appraisal when it is being included in the sales price of the home or cabin. Chattel is typically sold using a Bill of Sale. This instrument is used to transfer personal property from one person to another.

So when you hear the word Chattel, you will undoubtedly know that they are talking about personal property.

I would absolutely love to be your North Georgia Mountain Realtor. So if you ever have a need, please feel free to contact me. I can speak for my entire family when I say that I know we will be very grateful just for the opportunity to meet and exceed your needs.

Make it a GREAT day!

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posted by Chad Lariscy

  1. Scenic City Scoop - Chattanooga Tennessee Real Estate Blog

    Hello Chad, Thank you for that little tid bit of information. It is always good to learn something new everyday. I can now say, I have learned something new about Chattel or cattle. Happy Holidays and keep up the great blog. David

  2. Jodi Suguitan

    Chattel.. There is a word you really don’t hear often! Thanks for the fun read!

  3. Chad

    David,

    Thanks for your kind words. What can I say, somethings are worth mentioning, and then again, there are some things that might just be better left alone!

    Happy Holidays!

    Chad

  4. Chad

    Hey Jodi,

    Thanks so much for coming up on the porch to chat with me. I really appreciate you stopping by, and I hope that you come back again.

    Happy Holidays!

    Chad

  5. Adam Pendleton

    Hi Chad,

    Thanks so much for the class on Tuesday. Great information and very timely. Your site looks great!

    All my best,
    Adam Pendleton

  6. Robert

    I must accept I was not aware of the word “Chattel” thank you very much for the heads up on this, it will be quite helpful for me in my work!

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