TSEM6015 | Legal background to trusts & estates: the law in England & Wales - chattels
From HM Revenue & Customs · Trusts, Settlements and Estates Manual
Personal property consists of chattels real and chattels personal
Chattels real
Leasehold is an example of chattels real. Chattels real are transferred by assignment.
Chattels personal
There are two groups of chattels personal
choses in possession
choses in action.
TSEM6016 has details of choses in possession and choses in action.