Chattel affixed to property that can be removed without loss of value is classified as?

Chattel affixed to property that can be removed without loss of value is classified as personal property. Personal property refers to movable items that are not permanently attached to or associated with real estate.

In this context, the term "chattel" specifically refers to movable possessions that can include furniture, vehicles, equipment, or other tangible items. If chattel is affixed to property, such as in the case of equipment that is installed but not permanently integrated into the structure, it retains its classification as personal property because its removal does not significantly diminish the item's value.

This classification is essential for assessments, as personal property is typically assessed differently from real property, which includes fixtures and items that are permanently attached to land or buildings and would lose value if removed.