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Personal property is generally considered property that is movable, as opposed to real property or real estate. In common law systems, personal property may also be called chattels or personalty. In civil law systems, personal property is often called movable property or movables – any property that can be moved from one location to another (Wikipedia)
The term movable property is primarily used in places with legal systems based on civil law, as is the case in continental Europe, most of Latin America, and many countries in Africa and Asia. The analogous term in countries with legal systems based on British common law, such as Great Britain and the United States, is personal property, also sometimes referred to as personalty or chattels. These jurisdictions also sometimes use the term movable property, however. (WiseGEEK)
The law now broadly distinguishes between real property (land and anything affixed to it) and personal property (everything else, e.g., clothing, furniture, money). English law has retained the common law distinction between real property and personal property, whereas the civil law distinguishes between "movable" and "immovable" property. (Wikipedia)
A contract, lease, share, or other right is said to be “onerous” when the obligations attaching to it counter-balance or exceed the advantage to be derived from it, either absolutely or with reference to the particular possessor. Sweet. As used in the civil law and in the systems derived from it, (French, Scotch, Spanish, Mexican) the term also means based upon, supported by, or relating to a good and valuable consideration, i.e. one which imposes a burden or charge in return for the benefit conferred. (Black's Law Dictionary)
