Definition, Meaning & Synonyms
personalty
noun
/ˈpɜrsənəlti/
Definition
Personalty refers to movable property that is not fixed to land or real estate.
Examples
- The personalty of a deceased person is subject to estate laws.
- She sold the personalty in her apartment before moving.
Meaning
In legal terms, personalty includes personal possessions and assets that can be moved, as opposed to real property which is land and anything attached to it.
Synonyms
- Personal property
- Movable property
- Chattel
