Chattel within the Real Estate Law this term refers to moveable properties that are neither land plot nor permanently attached to landplot or a building, either directly or vicariously through attachment to a real estate. For example, an air conditioner is chattel. But on the other hand a holiday complex, a pool or a garage are not. The opposite of chattel is real estate that includes lands or constructions, situated permanently on it. In most jurisdictions, all property which is not real property should be considered as a chattel. The word “chattel” has its origin at the feudal era where “a cattle” was the most valuable asset instead of a land plot.

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