Property Ownership
In Colorado, 'chattel' refers to:
AA. Real property including land and buildings
BB. Personal property (movable items) as distinguished from real property (land and permanently attached improvements)✓ Correct
CC. A type of deed
DD. A water right
Explanation
Chattel refers to personal property — movable items that are not permanently attached to the land. In real estate transactions, determining what is real property (fixtures) versus personal property (chattel) is important for defining what transfers with the sale. Items not clearly fixtures should be specifically included or excluded in the contract.
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