[.1..] PROPERTY VERSUS [..2.] PROPERTY
Property may be classified as either [...1 or 2] . [.1..] property, sometimes called personalty, is all the property that can be owned and that does not fit the definition of [.2..] property. An important distinction between the two is that [..1.] property is [.3.] . Items of [.1..] property, also called chattels, include such tangibles as chairs, tables, clothing, money, bonds, and bank accounts.