tʃˈæɾəl mˈɔːɹɡɪdʒᵻz ˌoʊvɚ sˈɜːʔn̩ ˈæsɛts sˈʌtʃ ɐz ʃˈɪps ænd ˈɛɹkɹæft ɑːɹ ɡˈʌvɚnd baɪ mˈoːɹ pɚtˈɪkjʊlɚ ɹˈuːlz.
Chattel mortgages over certain assets (such as ships and aircraft) are governed by more particular rules.