What term is used to describe items of personal property?

The correct answer is chattel, which refers specifically to personal property that is movable and not affixed to land or buildings. In the context of real estate, personal property might include items such as furniture, vehicles, and appliances, which are not permanently attached to a structure. Understanding this distinction is crucial in real estate, as chattel does not convey with the sale of real property unless explicitly stated in the sales agreement.

Other terms such as assets can refer to both personal and real property but are broader in scope and do not specifically denote movable personal belongings. Real estate pertains to land and anything permanently attached to it, while fixtures refer to items that were once personal property but have been attached to real estate in such a way that they are considered part of the property. Thus, chattel is the precise term for personal property items.