personalty - meaning and definition. What is personalty
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What (who) is personalty - definition

LEGAL CONCEPT: PROPERTY WHICH IS MOVABLE AND NOT PERMANENTLY AFFIXED TO LAND
Personalty; Tangible personal property; Movable property; Personal Property; Personal possession; Personal estate; Movable (law); Personal chattel; Personal properties; Personal effect; Personal effects; Intangible personal property; Personal Effects; Belongings

personalty         
n. movable assets (things, including animals) which are not real property, money or investments. See also: personal effects real property
personalty         
['p?:s(?)n(?)lti]
¦ noun Law a person's personal property. Compare with realty.
Origin
C16 (in the legal phr. in the personalty 'for damages'): from Anglo-Norman Fr. personaltie, from med. L. personalitas, from L. personalis 'of a person', from persona (see person).
Personalty         
·noun The state of being a person; personality.
II. Personalty ·noun Personal property, as distinguished from realty or real property.

Wikipedia

Personal property

Personal property is property that is movable. In common law systems, personal property may also be called chattels or personalty. In civil law systems, personal property is often called movable property or movables—any property that can be moved from one location to another.

Personal property can be understood in comparison to real estate, immovable property or real property (such as land and buildings).

Movable property on land (larger livestock, for example) was not automatically sold with the land, it was "personal" to the owner and moved with the owner.

The word cattle is the Old Norman variant of Old French chatel, chattel (derived from Latin capitalis, "of the head"), which was once synonymous with general movable personal property.