Fixtures Flashcards

1
Q

fixture def

A

a chattel that has become so connected to RP that a disinterested observer would consider the chattel to be part of the realty

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2
Q

a chattel becomes a fixture when it is ___

whether it is a fixture is a q of

A

annexed to the land

fact, judged objectively according to a reasonable pers standard

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3
Q

a K for sale of a structure to be removed from realty is governed by

A

UCC

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4
Q

trade fixtures

A

may be removed during tenancy

must be removed within reasonable time after the lease ends

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5
Q

B purchases an item from S on credit.
B grants S a security interest in the item.
B affixes the item to her prop.
Her prop is encumbered by a previously executed mortgage.

when will the security interest have priority?

A

if seller perfects his interest by a fixture filing within 20d of B affixing the item to her land

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