Last reviewed 08-20-2026Short-Sale.com Editorialglossary
CHATTEL MORTGAGE
California Department of Real Estate
Updated 08-20-2026
CHATTEL MORTGAGE
A claim on personal property (instead of real property) used to secure or guarantee a promissory note. (See definition of Security Agreement and Security Interest.)
California Department of Real Estate Glossary
California Department of Real Estate · p. 7
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