👉 In legal terms, a chattel is an item or property that belongs to someone else and can be transferred from one person to another. It is a common form of ownership in which the owner has rights over the property and can transfer it to another party without the need for a formal document such as a deed. For example, if you own a house in your name and sell it to someone else, this is considered chattelized, as the house belongs to you. In other cases, where