Humber/Ontario Real Estate Course 2 Exam Practice

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Which best describes a chattel?

  1. A contractually rented item in the home.

  2. Excluded item in a purchase agreement.

  3. Immovable item permanently attached to the home.

  4. Moveable item not permanently attached to the home.

  5. Real property.

  6. Rental item that is also excluded in agreements.

The correct answer is: Moveable item not permanently attached to the home.

A chattel is a moveable item that is not permanently attached to the home. In real estate terms, chattels are considered personal property and can include items like furniture, appliances, and decorations that can be easily removed from the property. This distinguishes chattels from fixtures, which are items that are permanently attached to the property and are considered part of the real estate. Option D is correct because it accurately defines a chattel in the context of real estate transactions.

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