chattel real - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “chattel real”

chattel real

noun [C or U]
 
 
LAW, PROPERTY property such as land or a building that is held for a limited amount of time, as on a lease (= an agreement to use property for a fixed period of time)
(Definition of chattel real from the Cambridge Business English Dictionary © Cambridge University Press)
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