Humber/Ontario Real Estate Course 4 Exam Practice

Which best describes chattels in a property sale?

1. Leased items with the property rather than owned items.

2. Movable items that do not constitute real property.

3. Permanent attachments to a building.

4. Items that are automatically included with the property sale unless explicitly excluded.

The correct answer is: Movable items that do not constitute real property.

Chattels are defined as movable items that are not considered real property. This means that they do not form part of the physical structure or land itself, unlike fixtures, which are often attached to the property and can be considered as part of the real estate. In the context of a property sale, chattels can include items such as furniture, appliances, or equipment that are not permanently affixed to the property. Understanding this distinction is crucial for buyers and sellers, as it helps clarify what is included in the sale and what is not, facilitating a smoother transaction. In this context, items that are leased with the property or permanent attachments to a building, as mentioned in other options, do not accurately capture the definition of chattels, which specifically pertains to movable items. The concept that items are automatically included in a sale unless explicitly excluded pertains more to fixtures than to chattels, as fixtures are generally understood to remain with the property unless otherwise stated in the agreement.