We quite often find ourselves having to distinguish between residential chattels and fixtures in our line of business. We may be valuing personal possessions for insurance purposes, or inheritance tax. On other occasions, we may be clearing a hoarded home in a house or … [Read more...]
Can a Fixture Become a Chattel?
A chattel is a portable possession, as every schoolkid should know. However, it becomes a fixture if an owner permanently attaches it to a house on a property they own. Naturally, there are exceptions for lawyers to thrive over. Today we consider the reverse … [Read more...]
