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...]
Separating Out the Chattels and Fixtures
One might have thought the distinction between chattels and fixtures was obvious at first sight. After all, Oxford Learner’s Dictionary defines chattels as ‘personal possessions that are not land and buildings’. While elsewhere it says fixtures are ‘fixed to a house … … [Read more...]
