Which term is used for movable property that is not affixed to real estate?

Chattel is the correct term for movable property that is not affixed to real estate. This concept generally refers to personal property that can be physically moved as opposed to real property, which is land and anything permanently attached to it, such as buildings or structures. Chattel can include items like furniture, vehicles, and equipment.

Improvements refer to enhancements made to the property that increase its value, typically through construction. Fixtures are items that were once personal property but have become permanently affixed to real property, thereby becoming part of it. Real property encompasses land and anything permanently attached to it, reinforcing the distinction between immovable property and chattel. This clear differentiation underlines the significance of understanding property types in real estate transactions and ownership rights.