Personal property's a type of property. In the common law systems personal property may also be called chattels or personalty. It's distinguished from real property, or real estate. In the civil law systems personal property's often called movable property or movables - any property that can be moved from one location to another. This term's in distinction with immovable property or immovables, such as land and buildings. Personal property may be classified in a variety of ways. Tangible person… (More on Chattel)