15. Fixtures Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

How may a chattel become a fixture?

A

Chattel is incorporated into structure => Loses its identity

  • Bricks built into a building
  • Concrete poured into a foundation

Chattel is identifiable BUT removal would cause considerable damage

  • Heating pipes embedded in the wall
  • Heating pipes embedded in the house floor
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is the difference between common and divided ownership?

A

Common ownership
- Owner owns chattel + land

Divided ownership

  • Owner owns chattel
  • Another owner owns land
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

How may a fixture in lender/buyer cases be determined in a common ownership?

A

Party who made annexation’s ‘objective’ intent (reasonable person) => Consider features;

  • Nature of article (importance to normal use of premises)
  • Manner of attachment (substantial attachment => likely permanent)
  • Amount of potential damage
  • Adaptation of item to realty

Constructive annexation

  • Uniquely adapted
  • Not appropriate to remove
  • Keys to doors; Uniquely cut carpet
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

How may a fixture generally be determined in a divided ownership?

A

Party who made annexation’s ‘subjective’ intent (Accession)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

How may a fixture in tenant/licensee/life tenant cases be determined in a divided ownership?

A

Agreement re chattel to become fixture

Removal would cause substantial damage

Removal would destroy chattel

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

How may a fixture in tenant/licensee/life tenant cases not be determined in a divided ownership?

A

Tenant removes trade fixtures after end of lease (within reasonable time)
- Fixtures for business use

Tenant removes chattel before end of lease
- Tenant repairs any damage

Life Tenant’s representative removes chattel within reasonable time after Life Tenant’s death

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

How may a fixture in trespasser cases be determined in a divided ownership?

A

1) Adverse trespasser

2) NO Statute of Limitations

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

How may trespassers recover their chattels in a divided ownership?

A

1) Good faith trespasser

2) Recover value added to land (some states)
- NOT improvement construction cost

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What is the difference in determining fixtures in a common and divided ownership?

A

Common ownership
- Objective intent

Divided ownership
- Subjective intent

How well did you know this?
1
Not at all
2
3
4
5
Perfectly