Which term refers to personal property that is tangible and moveable?

The term that refers to personal property that is tangible and movable is chattels. Chattels include items such as furniture, appliances, and vehicles that can be physically handled and relocated. This concept is important in real estate transactions, as it distinguishes movable personal property from immovable property, like land and buildings, which are classified as real property.

Fixtures, on the other hand, are items that were once personal property but have been attached to real estate, making them part of the property itself. Leasehold relates to the interest someone holds in a property they don't own but lease from another party, and the bundle of rights refers to the different rights associated with owning real property, such as the right to sell, lease, or improve the property. Understanding these terms helps clarify the distinctions between types of property and their legal implications in real estate.